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

["Howard Bandy" <howardbandy@xxxxxxxxx>]

Hi Yuki –

 

Pal learned trading from a legendary
American trader, Will Rogers.  His advice is: buy stocks; after they go
up, sell them; if they don’t go up, don’t buy them.

 

Howard

 



-----Original Message-----
From: Yuki Taga
[mailto:yukitaga@xxxxxxxxxxxxx] 
Sent: Thursday, October 30, 2003
7:09 PM
To: palsanand
Subject: Re: [amibroker] Re:
Managing drawdowns (was % channels)

 

Hi palsanand,<span
>

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?

Yuki





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