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Re:Money management



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<DIV><FONT size=2>Another [interesting] example.</FONT></DIV>
<DIV><FONT size=2>Athens SE General Index had a nice fitting to the Stochastic 
CCI system from A [Aug 2000] to </FONT></DIV>
<DIV><FONT size=2>B [April 2001]. Take the Profits [nearly +60%] and stayin 
cash.</FONT></DIV>
<DIV><FONT size=2>The 40-day EMA cross at B is more than clear.</FONT></DIV>
<DIV><FONT size=2>The system is no good anymore for a quite long 
period.</FONT></DIV>
<DIV><FONT size=2>Slightest attempts for the Equity red curve to exceed its EMA 
were very dangerous until mid December 2001.</FONT></DIV>
<DIV><FONT size=2>A new fitting period seem to begin and give some interesting 
profits [+10%] till Feb 2002 and out of the</FONT></DIV>
<DIV><FONT size=2>system again and again.</FONT></DIV>
<DIV><FONT size=2>The actual Equity curve should point 17000, the equity without 
this type of management is at 7276.</FONT></DIV>
<DIV><FONT size=2>The all-season "blind backtesting"&nbsp;has no relationwith 
real trading conditions.</FONT></DIV>
<DIV><FONT size=2>Any excellent system may change.</FONT></DIV>
<DIV><FONT size=2>You should be there to stop it, instead of insisting with some 
fanatism and loose the profits and a part of the</FONT></DIV>
<DIV><FONT size=2>initial equity in the name of the holly system.</FONT></DIV>
<DIV><FONT size=2>Dimitris Tsokakis</FONT>&nbsp;</DIV></BODY></HTML>

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