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Chuck,
I'd be more then happy for you to be tutor ... but please keep it to
the usage side as opposed to the mechanics and let's move this to the
other forum before I get spanked.
--- In amibroker@xxxxxxxxxxxxxxx, "Chuck Rademacher"
<chuck_rademacher@x> wrote:
> BTW... there are several others here who understand what's going
on. They
> might not be as vocal as I am, but they are quietly using PT.
>
> I intend to start sharing several of my scoring files and I'm
hoping that
> others do the same.
> -----Original Message-----
> From: Phsst [mailto:phsst@x...]
> Sent: Thursday, July 17, 2003 11:46 PM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] Re: Random selection of stocks
>
>
> Fred,
>
> I suspect that only you and Chuck REALLY understand the
capabilities
> of PT.
>
> Would you be willing to act as a guide where PT is concerned? The
> reason I ask is that I have been conditioned by multiple decades
of
> experience (habit) of solving problems on my own. BUT I'd like to
see
> PT in action from the eyes of the developer.
>
> This might require you to either take control or share control of
the
> project. At the very least, you will need to guide me in
specifying
> filtering and scoring requirements. I suspect that PTxxxx can be
an
> intimidating obstacle for a non-technical user, and I am not
qualified
> to take the lead on this. And you will probably need to excercise
a
> 'super-human' level of patience or flexability in dealing with
> conceptual issues.
>
> In addition to the above, I am sometimes 'slow as Christmas' in
> progressing to the next step of a project, which I guarentee will
> drive you crazy.
>
> In other words, trying to get you and I coordinated on something
will
> be like trying to mix Oil and Water. And while not impossible, the
> odds are against this working.
>
> But if you are interested in making the effort, then so am I.
>
> Phsst
>
> --- In amibroker@xxxxxxxxxxxxxxx, "Fred" <fctonetti@xxxx> wrote:
> > Phsst,
> >
> > Again ... I really am NOT pushing a product ... but this is
what PT
> > was made for i.e. to filter or more appropriately SCORE and
trade the
> > high scorers.
> >
> > Fred
> >
> > --- In amibroker@xxxxxxxxxxxxxxx, "Phsst" <phsst@xxxx> wrote:
> > > Hello Chuck,
> > >
> > > I think in the same terms that you expressed regarding using
filters
> > > against a full blown database to narrow down selections. That
> > approach
> > > does not necessarily translate into 'holy grailism' as
expressed by
> > Yuki.
> > >
> > > But from Yuki's post about trading only 5 stocks, I concluded
that
> > > there surely must be a great potential benefit from being so
> > > intimately familiar with a small number of highly liquid
stocks that
> > > you can see their charts in your sleep. You should be able to
> > develop
> > > superior instincts regarding support/resistance/volume
> > relationships.
> > > So I'd like to take a shot at that approach too. I don't have
to
> > > abondon one trading system for another. What is the old
saying...
> > > variety is the spice of life.
> > >
> > > So now I'll spend a few days filtering down to my target
basket, and
> > > then start applying some rules to trading them to see what
shakes.
> > >
> > > A new quest...
> > >
> > > Phsst
> > >
> > > --- In amibroker@xxxxxxxxxxxxxxx, "Chuck Rademacher"
> > > <chuck_rademacher@x> wrote:
> > > > I wasn't going to reply to Yuki's comment about "looking for
> > things that
> > > > work across a random selection of stocks is a waste of
time", but
> > > Fred has
> > > > sort of got me motivated to do so.
> > > >
> > > > I understand why Yuki made the statement, but I prefer to
do the
> > > filtering
> > > > process (that she is manually doing) within my trading
system.
> > > Yuki, what
> > > > makes you select certain stocks for trading? You don't
need to
> > > answer that
> > > > question, but I feel that whatever anyone does to create a
> > watchlist can
> > > > become part of the AFL code. By doing it as part of the
trading
> > > system,
> > > > stocks will come into and go out of the list, without my
> > > intervention, for
> > > > backtesting and for trading forward. When a stock no
longer has
> > that
> > > > "look" that I like, it will just disappear from my list of
orders
> > to
> > > place.
> > > >
> > > > Just my three cents.
> > > >
> > > >
> > > >
> > > >
> > > > -----Original Message-----
> > > > From: Fred [mailto:fctonetti@x...]
> > > > Sent: Thursday, July 17, 2003 10:20 AM
> > > > To: amibroker@xxxxxxxxxxxxxxx
> > > > Subject: [amibroker] Re: Please send unmarked bills, in a
brown
> > > paper bag,
> > > > to: ...
> > > >
> > > >
> > > > I'm not sure I agree with the statement that "looking for
> > things that
> > > > work across a random selection of stocks is a waste of
time".
> > > >
> > > > Part of the process that makes this viable i.e. reduces
random
> > > > selection to specific tradables can of course be a
> > scoring/ranking
> > > > ranking.
> > > >
> > > > When properly applied this too works.
> > > >
> > > > --- In amibroker@xxxxxxxxxxxxxxx, Yuki Taga
<yukitaga@xxxx>
> > wrote:
> > > > > Hi Fred,
> > > > >
> > > > > Thursday, July 17, 2003, 12:16:45 PM, you wrote:
> > > > >
> > > > > F> If we had a system and it was only good enough to
trade
> > the S&P
> > > > > F> wouldn't that be sufficient whether that was in the
form of
> > > > > F> EMini's, Options, ETF's or what have you ? Does any
> > particular
> > > > > F> system have to work across a basket of whatever to
be
> > viable ?
> > > > >
> > > > > Absolutely, it is not necessary. I am making hay, lots
of
> > hay,
> > > > > trading the same 5 stocks over and over according to a
> > system. They
> > > > > have made money with this system as far back as I can
test.
> > They
> > > > > continue to make money. Other stocks break even with
the
> > system. I
> > > > > don't know why. I don't really care either. I will
continue
> > to
> > > > > trade the 5. Someday they may stop working. On the
other
> > hand,
> > > > they
> > > > > may not, as I can't find a significant time frame where
they
> > > > haven't.
> > > > > But if they do, I'll look around for something else that
> > works.
> > > > >
> > > > > Looking for something that works across a "random
basket of
> > stocks"
> > > > > is A) a waste of time in my opinion, because B) it
makes you
> > Pope of
> > > > > The Universal Church of Holy Grailism, which kicked me
out
> > years ago
> > > > > for heresy. ^^_^^
> > > > >
> > > > > Yuki
> > > >
> > > >
> > > > Yahoo! Groups Sponsor
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> > > >
> > > >
> > > >
> > > >
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