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I'd also like to add another site that is just as informative as Tharp's on
position sizing, expectancy, money management, etc., and that is
http://turtletradingsoftware.com/forum/index.php, managed by Curtis Faith.
Lots of really good stuff there that complements both the Tharp forum and
the Amibroker forum.
AV
>On Wed, 17 Sep 2003 11:09:34 0000 buzzmr <buzzmr@xxxxxxxx> wrote.
><html><body>
>
>
><tt>
>As author of the post on Tharp's Mastermind Forum, that Al requested<BR>
>to also be posted here, I feel it's appropiate to let Tomasz know who<BR>
>is commenting on his work and product. And, yes, since I strongly<BR>
>believe in this AmiBroker (AB) platform, AND ESPECIALLY in Tomasz's<BR>
>professional and diligent efforts, I am more than happy to readily<BR>
>promote AB wherever I feel it may do some 'good'.<BR>
><BR>
>Further, in all fairness to Van Tharp and HIS forum, I think it would<BR>
>also be appropriate to hereby share the URL where IT resides. A<BR>
>'literal GOLDMINE' of info exists there that complements all the 'good<BR>
>stuff' on this AB forum. THAT forum primarily deals with<BR>
>position-sizing ('exposure') issues and psychological issues, but<BR>
>there are many, many other posts as well concerning trading strategies<BR>
>and systems. The URL is: <BR>
>"<a
href="http://mastermindforum.com/phorum/list.php?f=9";>http://mastermindforum.com/phorum/list.php?f=9</a>".<BR>
><BR>
>Tomasz undoubtedly already knows how much he is appreciated, but it<BR>
>never hurts to again give praise to a valued person who most assuredly<BR>
>deserves it, whether that praise is in the form of a personal<BR>
>compliment OR 'word-of-mouth' promotion of his EXCEPTIONALLY-FLEXIBLE,<BR>
>HIGHEST QUALITY product!! (;->)<BR>
><BR>
>Buzz <BR>
><BR>
><BR>
><BR>
><BR>
><BR>
>--- In amibroker@xxxxxxxxxxxxxxx, "Al Venosa" <advenosa@xxxx> wrote:<BR>
>> Hi, all and TJ:<BR>
>> <BR>
>> I was recently on Van Tharp's trading forum when I read the<BR>
>following post from an Amibroker user. I thought it was very<BR>
>complimentary to AB, so I thought I would post it here after getting<BR>
>permission from the author. The post was in response to a thread on<BR>
>Turtle sizing, which digressed to trading software. If the author<BR>
>wishes to identify himself, I'll let him do that. TJ, you are getting<BR>
>very well known in lots of circles. We are all appreciative of your<BR>
>efforts and technical assistance. <BR>
>> <BR>
>> <BR>
>> > Remember 'Apple Computer' and the 'IBM PC'? Well,.... Amibroker<BR>
>is to the<BR>
>> > IBM PC as MetaStock is to Apple Computer!!<BR>
>> ><BR>
>> > Apple had a very effective computer architectural design and<BR>
>operating<BR>
>> > system for its time, but unfortunately kept it rather proprietary.<BR>
> So it<BR>
>> > was either difficult or very expensive for third parties to get<BR>
>info to be<BR>
>> > able to develop software applications to run on the Apple. In<BR>
>retrospect,<BR>
>> > a very stupid decision on the part of Apple executives.<BR>
>> ><BR>
>> > IBM, on the other hand, embraced an 'open architecture' design for<BR>
>> > hardware, and Microsoft did the same for its operating system to<BR>
>run on<BR>
>> > the PC, and both made their interface specifications very<BR>
>'publically<BR>
>> > accessible'. Again in retrospect, a very wise and prudent<BR>
>decision on the<BR>
>> > part of the exec's. This stimulated a GREAT DEAL of synergistic<BR>
>> > development efforts by third parties and hence today we have a<BR>
>HUGE<BR>
>> > variety of applications (essentially unlimited) that run on this<BR>
>system<BR>
>> > 'architecture'.<BR>
>> ><BR>
>> > Due to the very prudent decision by AmiBroker's developer to<BR>
>create and<BR>
>> > support an 'open architecture' type of platform geared toward the<BR>
>> > financial markets, this product is currently moving up past the<BR>
>'knee' of<BR>
>> > the exponential curve of demand, and will (I estimate) 'knock the<BR>
>socks<BR>
>> > off' of NOT ONLY MetaStock, but most all (if not all) other<BR>
>trade-strategy<BR>
>> > testing platforms 'out there'. It is fast, it is effective, it is<BR>
>> > supported by the developer like you've rarely ever seen (in<BR>
>regards to<BR>
>> > quick response time), and it is priced extremely attractively and<BR>
>more<BR>
>> > 'fairly' than most other obscenely overpriced (again my opinion)<BR>
>software<BR>
>> > products. (As a businessman, would you rather have 0 (zero)<BR>
>sales at<BR>
>> > $2500, few sales at $500 - $1000 apiece, or hundreds or more sales<BR>
>at $130<BR>
>> > - $200 per sale?!! VERY SMART pricing on the part of the<BR>
>developer, I'd<BR>
>> > say.) The only 'drawback' is that because of its infinite<BR>
>flexability,<BR>
>> > the user needs to learn a bit more, and have more programming<BR>
>skill, to<BR>
>> > take advantage of all its capabilities. Probably not too much<BR>
>more,<BR>
>> > though, than learning to use so-called 'Easy Language' for<BR>
>TradeStation.<BR>
>> > And, to boot, there is a HUGE and FRIENDLY user community ready to<BR>
>help<BR>
>> > the 'newbie' as well as help those that are more advanced!!<BR>
>> <BR>
>> <BR>
>> <BR>
>> Al Venosa<BR>
>> <BR>
>> This message has been confirmed to be virus-free by Norton<BR>
>Antivirus.<BR>
><BR>
></tt>
>
><br>
>
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