[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[amibroker] Re: Larry Williams Inner Circle Review



PureBytes Links

Trading Reference Links

Bob,

You didn't mis-remember anything ... Although I could be wrong I 
don't think I said I ONLY traded MF's, but nevertheless the equity 
graph posted is for a MF trading system.

--- In amibroker@xxxxxxxxxxxxxxx, "Bob Jagow" <bjagow@xxxx> wrote:
> Re: Larry Williams Inner Circle ReviewJeez, Fred, I'm 
flabbergasted -- to
> think that I mis-remembered you saying you only traded MFs.
> 
> Like my mentor, Dan Q said, "What a terrible thing to have lost 
one's mind.
> Or not to have a mind
> at all.  How true that is."
> 
> MindlessBob
>   -----Original Message-----
>   From: Fred Tonetti [mailto:ftonetti@x...]
>   Sent: Wednesday, April 09, 2003 8:25 PM
>   To: amibroker@xxxxxxxxxxxxxxx; phsst@xxxx
>   Subject: [amibroker] Re: Larry Williams Inner Circle Review
> 
> 
>   Phsst,
> 
>   I am concerned by DD's only because of what they do the account 
balance
> and I find that has very little to do with trading one issue or 
many.  If
> you trade many issues simultaneously with fixed amounts then by 
it's nature
> that method may very well produce DD's that are ok when one is 
lightly
> invested but it will  also produces lower returns.  When it's fully 
invested
> it has the potential to make more but the risks also go up.
> 
>   As far as stop loss orders goes, I'd hardly call that being fully
> protected.  If you ever been invested through good size gap 
openings heading
> in the opposite direction of your position or had the specialists 
purposely
> take out the stop loss orders you placed then you know what I mean.
> 
>   If you want an opinion about your system then by all means put up 
the list
> of trades it made.  One or more of us will be happy to write the 
Excel code
> or other quick analysis software to evaluate its return and 
associated risks
> with a larger degree of accuracy then "eyeballing" it.
> 
>   As far as results go . I posted this equity chart before and I'll 
post it
> again.   Personally I'm quite comfy trading this system.  I can 
triple the
> returns while only doubling the DD's by using margin but I don't 
usually go
> down that road.  If you have a system that has a MAR over 20 with 
low UI
> then maybe we should all listen up.  The system you are describing 
sounds
> very like Raschke's "grail" system which is hardly earth shattering 
and
> hardly without its losses.  If you've modified, tested and made it
> significantly better then that's wonderful but I am at best 
bewildered that
> you'd trade anything where you didn't know going in what to expect 
in terms
> of returns and dd's.
> 
>   . <<...>>
> 
> 
>         Yahoo! Groups Sponsor
>               ADVERTISEMENT
> 
> 
> 
> 
>   Send BUG REPORTS to bugs@xxxx
>   Send SUGGESTIONS to suggest@xxxx
>   -----------------------------------------
>   Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
>   (Web page: http://groups.yahoo.com/group/amiquote/messages/)
>   --------------------------------------------
>   Check group FAQ at:
> http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> 
>   Your use of Yahoo! Groups is subject to the Yahoo! Terms of 
Service.


------------------------ Yahoo! Groups Sponsor ---------------------~-->
Get a FREE REFINANCE QUOTE - click here!
http://us.click.yahoo.com/2CXtTB/ca0FAA/i5gGAA/GHeqlB/TM
---------------------------------------------------------------------~->

Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx 
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html 

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/