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Re: [amibroker] Re: Managing drawdowns (was % channels)



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Pal,
 
Your emails spurred me to post a mechanical, 
open-coded approach to the ETF's.  Please post a chart of anything you 
trade.  I would like to understand what you are doing or what you are 
trying to convince us that you are doing.  I like pictures.  Frankly, 
I don't understand your posts.  Each additional writing leaves me 
more confused,  especially, your asumption that today's close will somehow 
be the same as tomorrow's opening.  I've actually had people ask me to 
excute at the high of the day or the low of the day...but, I've never had a 
request to execute at yesterday's close.  
 
Take care,
 
Steve
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  palsanand 
  
  To: <A title=amibroker@xxxxxxxxxxxxxxx 
  href="">amibroker@xxxxxxxxxxxxxxx 
  Sent: Thursday, October 30, 2003 7:22 
  PM
  Subject: [amibroker] Re: Managing 
  drawdowns (was % channels)
  I Detect a signal with my primary trading system then 
  Verify it with OB/OS conditions (secondary trading systems) before it 
  becomes a verified (validated) signal.  Additionally I also Interpret 
  it using volatality to determine as to whether it is a trend-change 
  pullback or a breakout.  In my view Verification is more difficult 
  than Detection and Interpretation is more difficult than 
  Verification.  I call this the DVI (Detection, Verification and 
  Interpretation) technique, a term borrowed from the SETI (Search for 
  Extra-Terrrestial Intelligence) project.  In the case of an alien 
  (extra-terrestial) broadcasted Detected signal, it is Verified by 
  receiving the same signal in another location in space which is at one of 
  the vertices of an equilateral triangle in the same plane.  Naturally 
  the Interpretation of such an alien broadcasted signal would be even more 
  complex than its Detection and Verification.  In my case, the 
  Detected signal is Verified by another time-frame and also by the 
  secondary systems and interpreted by volatality....rgds, 
  Pal--- In amibroker@xxxxxxxxxxxxxxx, Yuki Taga <yukitaga@xxxx> 
  wrote:> Hi palsanand,> > Friday, October 31, 2003, 
  10:35:34 AM, you wrote:> > p> Let me try again.  It is 
  the most accurate system I have come> p> across, once the signals 
  are validated.> > This sounds like more gobbledegook to 
  me.  "Once the signals are> validated"?  What does this mean, 
  for crying out loud?  Either it is> a signal, or it's not.  
  If it needs some validation, it's not a> signal IMHO, but a 
  setup.  A signal means take action in the market.> How long you 
  hold it may very well be dependent on what subsequently> happens, but a 
  signal is a signal, or it's something else, in which> case it is not a 
  signal. You really do write in the most convoluted> circles, Pal, but 
  I'm open to more interpretation.  ^^_^^> > And the bit 
  about not taking losses sounds very strange to me.  It> sounds 
  like you don't take any loss because the "signal" might> "validate" to 
  me.  What if it doesn't, and this is the decision you> have to 
  make?  Something is very, very strange about the way you> describe 
  your trading.  Maybe you just don't write so well?> > 
  YukiSend 
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