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Fine ... By all means trade it for a year ... The only thing I'm not
quite understanding is, if it's the golden goose, which of course if
it can generate 700% with in your words minimal DD's ( although the
last chart I saw suggested they were more like 20+% and of course
w/no allowances for slippage ) then why would you sell it for a
measly $1500. Even with a $100K after two years you'd have $5 mm ...
--- In amibroker@xxxxxxxxxxxxxxx, uenal.mutlu@xxxx wrote:
> Fred, IMO to have significant results any system must
> be traded at least a year, the longer the better. One or two
> months is by no means enough; the simulations over real
> EOD data make this clear; the longer the time frame
> the less fluctuations will be there and the shorter the more.
> Uenal
>
>
> ----- Original Message -----
> From: "Fred" <fctonetti@xxxx>
> To: <amibroker@xxxxxxxxxxxxxxx>
> Sent: Tuesday, July 08, 2003 2:06 AM
> Subject: [amibroker] Re: I'm looking for a trading system to
purchase!
>
>
> > Not in Chuck's situation. And in general for the average trader
it's
> > NOT about the commission, it's about the slippage which can NOT
be
> > avoided except with special types of orders which will then have
an
> > impact on how many trades actually happen. I might agree that 1%
is
> > too high for slippage but I doubt that 0.5% is and that would
still
> > leave a system like this in the red. By all means trade it real
time
> > yourself for a month or two and post your audited brokerage
account
> > statement. That should speak volumes and if it's in the black it
> > very well might bring clients beating down your doors.
> >
> > --- In amibroker@xxxxxxxxxxxxxxx, uenal.mutlu@xxxx wrote:
> > > Hmm. I must admit I've overlooked that one requirement
> > > in Chuck's list. I'll have to redo my calculations.
> > > One of my brokers (Datek/Ameritrade) takes only
> > > $11 per order for any number of shares, so the
> > > cited 1% is indeed too much I would say.
> > > Uenal
> > >
> > >
> > > ----- Original Message -----
> > > From: "Fred" <fctonetti@xxxx>
> > > To: <amibroker@xxxxxxxxxxxxxxx>
> > > Sent: Tuesday, July 08, 2003 1:47 AM
> > > Subject: [amibroker] Re: I'm looking for a trading system to
> > purchase!
> > >
> > >
> > > > That I'd like to see ... A CAR of 750% when traded on a one
bar
> > basis
> > > > provides and average of 0.85% per trade i.e. 1.0085 ^ 252 =
8.5.
> > > > Once one allows for 1% commissions and/or slippage on both
sides
> > of
> > > > each trade one is left with an average of -1.15% / trade.
Did I
> > miss
> > > > something ?
> > > >
> > > > --- In amibroker@xxxxxxxxxxxxxxx, uenal.mutlu@xxxx wrote:
> > > > > Hello Chuck,
> > > > > the system products of xxSystems.com do fullfill
> > > > > these requirements. As written in email you and all
> > > > > the others asked for info about these products will
> > > > > receive evaluation keys to fully test the products.
> > > > > We will start sending out the info Tuesday noon+.
> > > > >
> > > > > Best regards,
> > > > > Uenal Mutlu (UM)
> > > > > www.xxsystems.com
> > > > >
> > > > >
> > > > >
> > > > > ----- Original Message -----
> > > > > From: Chuck Rademacher
> > > > > To: amibroker@xxxxxxxxxxxxxxx
> > > > > Sent: Monday, July 07, 2003 11:35 PM
> > > > > Subject: [amibroker] I'm looking for a trading system to
> > purchase!
> > > > >
> > > > >
> > > > > I hope nobody minds if I use this means to see if anyone
has
> > a
> > > > system for shorting stocks that they would be interested in
> > selling.
> > > > >
> > > > > Please reply privately to: chuck@xxxx (not by return
> > email)
> > > > >
> > > > > I need a system that will successfully short stocks when
the
> > > > trend of the market is up. Specifically, something that will
> > make a
> > > > modest profit (3 to 10% per annum), shorting stocks when the
> > short
> > > > term EMA of the RUT is greater than a longer term EMA of the
> > RUT.
> > > > The short-term period should be something like 3 to 4 days
and
> > the
> > > > long-term period would be something like 11 or 12 days.
> > > > >
> > > > > The following things need to be considered:
> > > > >
> > > > > 1. U.S. stocks only, NYSE, AMEX or NASDAQ.
> > > > > 2. The closing price must be at least $6 on the day
before
> > entry.
> > > > > 3. The 15-day average volume must be at least 300,000
shares.
> > > > > 4. The system must work on EOD data.
> > > > > 5. The system must show a nominal return every year for
at
> > least
> > > > six years.
> > > > > 6. It may be a bit much to ask, but I would hope that
the
> > system
> > > > didn't have a losing six-month period.
> > > > > 7. The parameters must be the same for all stocks,
although
> > they
> > > > can adjust to market volatility over time.
> > > > > 8. All positions must be liquidated when the market
trend
> > > > reverses (short-term EMA crosses below the long-term EMA of
the
> > RUT).
> > > > > 9. Stops of any kind are allowed.
> > > > > 10. Commissions of 1% need to be deducted from each side.
> > > > > 11. Hopefully, the system would signal at least ten and
> > > > preferably 30 trades at each cross of the EMA.
> > > > >
> > > > > I realise that it will be difficult for someone to show
me
> > their
> > > > system without divulging how it works until we discuss the
> > terms.
> > > > We can start the process if you are able to show me an equity
> > curve
> > > > or trade listing or something to demonstrate your system's
> > abilities.
> > > > >
> > > > > I've thought long and hard as to whether or not my
request
> > via
> > > > this group might offend anyone and I could not think of a
reason
> > why
> > > > it should. If I have crossed the line, I apologise in
advance.
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