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Good to hear your opinion Mark ( another
Aussie I see) .
Heres mine :)
I would hope the idea behind the new area would be
for the development of afl's
for experienced and new users in order to move it
from the main AMI group so that uses that want to keep informed of developments
don't get flooded with afl type emails ( not that I mind em)..
There seem to be some concern of leeching,so the
idea has been discussed as to how the group/list if formed in order to filter
the participants maybe along the lines for the members only area already in
AMI.
I personally don't have a concern with people using
anything that I post , I post to learn and to encourage others to
contribute in order to help AMI .
Several professional trader that I have spoken with
openly admit to strike rates of 50 % or less its money management that keeps em
in the game..
(My mentors current strike rate is 33
%)
and most don't mind sharing the experiencewith
those willing to listen ..
I'm sure many would have heard or seen thethread
on a USA futures site call Pit bull the writer is regarded as one of the greats
and he openly shares his knowledge with others .. for those who don't know bit
bull is Ed Sykota .
Any way im starting to ramble on ..sorry,
what I saying is I hope the area will be open to all who want to learn
regardless of skills:)
Regards David.
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Mark Allen
To: <A title=amibroker@xxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Monday, May 07, 2001 4:07 PM
Subject: RE: [amibroker] Sharing
OK, I figure that as a participant
in this user-group it is time to make my thoughts known, as simple as they may
be.
Firstly, I undoubtedly fit
into the saddest sub-group of this user group, in that I am both a noviceat
Share Trading and Investment as
well as at Programming and Mathematical techniques. This almost guarantees my
participation as being the uncomfortable one of something resembling a
"leech", since I stand to benefit by the skills and generosity of others in
this group more knowledgable than I, while being able to contribute at this
stage little more than my heartfelt appreciation.<SPAN
class=520434505-07052001> However, I didn't come down with the last
rain fall, and understand perfectly all the recent outpourings regarding
intellectual copyright, unrewarded work et al.
In my readings and participations
over the past 18 months it has come to my attention that the Share Trading
industry is an interesting one to say the least. On the one hand there appears
no shortage of individuals motivated by nothing short of unbridled and barely
disguised personal greed, while on the other, there is also the participation
of some far more highly motivated, intelligent and humanistic individuals,
most striking for their complete contrast to the former group of
participants.
What has struck me most about this
user-group in recent months, as membership has appeared to build
significantly, is that (apart from it's being hosted by a fellow unusual in
the degree of displayed intelligence <SPAN
class=520434505-07052001>without snobbery, who is both socially adept
while able to produce a seemingly amazing amount of high quality, time
consuming application programming and documentation) is the overall quality of
it's active participants, who appear to belong quite firmly in the second
group mentioned above.
By "quality", I amnot
referring to the degree of Trading and/or Programming skills evident (of which
there is also much quality evident), but more the underlying sense of human
intelligence with a genuine care of others.
Since the one errant posting recently by a certain individual, the
resulting thread regarding the dissemination of ideas and techniques has been
inspiring, given the scope of the ramifications covered. I find it hard these
days to write long letters, and appreciate the time those who have written
have taken.
As far as the technicalities of
sharing AFL code and systems is concerned, I can only defer to those in a
position to donate and share. All I can say is that anything shared is greatly
appreciated in my quest to learn as much as I can about Share Trading
specifically, and Investment in general.
I also know that no programmed
technique for stock selection is going to prepare me for making the right
decisions when it comes to placing one's hard earned money on the line, or
protecting it from the ravages of this wild beast so disarmingly called a
Stock Market. With this in mind, I believe any distribution of trading systems
through the AmiBroker user-group must, by necessity, be accompanied by an
unambiguous disclaimer to this effect. That is, not just "no liability assumed
etc etc..." but also "No programmed trading system can assume responsibility
for the placement of buy and sell orders and the overall management of risk
and capital...these are skills that each trader learns by looking with
concentrated honesty at their own motivations and behaviours under given
circumstances..."<SPAN
class=520434505-07052001>. Something along those lines
anyway.
Now if I hadmore time,
I'd edit this letter severely since
it is poorly written in it's current form, but I hope you can bear with
me. In the meantime, please know that I very
much appreciate the quality of the company I am
in.
<FONT
color=#0000ff>
<FONT
color=#0000ff>R<SPAN
class=520434505-07052001>egards,
<SPAN
class=520434505-07052001>
<SPAN
class=520434505-07052001><FONT
face=Arial><SPAN
class=520434505-07052001>
Mark
<SPAN
class=520434505-07052001> Your
use of Yahoo! Groups is subject to the <A
href="">Yahoo! Terms of Service.
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