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Thank you very much for interesting comments. Your experience is
always appreciated.
Dimitris Tsokakis
--- In amibroker@xxxx, traders10@xxxx wrote:
> Dimitris, pay attention to what Tomasz is trying to tell you...
>
> When working with end of day data it makes no sense to even
consider
> trading on todays close. If you want any approximation to reality
> you need to change to: buy tomorrows open (or later) for stocks and
> tomorrows close for mutual funds.
>
> Any trading system that exhibits the type of behavior you are
> describing is a flawed system that needs further development work.
>
> As for the NDX version, with more testing experience, you will find
> that almost all trading systems make less money when stops are
used.
> Stops are not used to increase profits...stops are used to reduce
> drawdowns.
>
> When there are no stops the system can incur really big drawdowns
> which eventually turn into profits as the market or individual
stock
> performace improves. But in the meanwhile, you may have lost 30,
> 40 ,50% before the improvement occurs. No one could or should live
> with such a profit rollercoaster.
>
> Trust me...been there, did that, lost the money
> Trader
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