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RE: [amibroker] Re: any karnish watchers out there? For Steve



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<FONT face=Arial color=#0000ff 
size=2>Congratulations on the completion of your new website, Steve. 
Looks neat, however I miss the trade listings that came with your 
earlier charts - especially since they were compiled day-by-day OOS. Kind 
of a waste to see that disappear...
<FONT face=Arial color=#0000ff 
size=2> 
<FONT face=Arial color=#0000ff 
size=2>also, perhaps I missed it, but I didn't see your formula page... 
that is what started me tinkering with mechanical systems years ago. 

<FONT face=Arial color=#0000ff 
size=2> 
<SPAN 
class=970285001-23112003>Thanks for your 
posts, keep them coming!
<SPAN 
class=970285001-23112003> 
<SPAN 
class=970285001-23112003>herman
<FONT face=Arial color=#0000ff 
size=2> 

  <FONT face=Tahoma 
  size=2>-----Original Message-----From: CedarCreekTrading 
  [mailto:kernish@xxxxxxxxxxx]Sent: November 23, 2003 5:10 
  AMTo: amibroker@xxxxxxxxxxxxxxxSubject: Re: [amibroker] 
  Re: any karnish watchers out there? For Steve
  <SPAN 
  class=016270523-21112003>Dave,
  <SPAN 
  class=016270523-21112003> 
  <SPAN 
  class=016270523-21112003>then I do try it, report results that are less than 
  stellar,
  <SPAN 
  class=016270523-21112003> 
  For what 
  period, 1929? 2000? 2001?  Might as well pick a some years 
  that don't fall within two standard deviations for 
  volatility.  How has this approach tested since the first day I 
  posted it?  I know DT tested it and wasn't impressed at the time of it's 
  original posting.  Being the great guy that he is...he offered a 
  number of improvements to it's structure.  Too bad you didn't see the 
  original post.  You could of traded the StoRSI, on QQQ's,and posted a 
  26-3 track record this year.
  <SPAN 
  class=016270523-21112003> 
  <SPAN 
  class=016270523-21112003>it's quite another to show some great-looking charts 
  and strongly imply that the single indicator shown is profitable in and 
  of itself,
  <SPAN 
  class=016270523-21112003> 
  Isn't and 
  hasn't the QQQ/StoRSI been profitable since the day I publicly shared the 
  indicator and system?  Just because you tested it on a couple of years 
  that had abnormal volatility doesn't really mean much.  What's more 
  important: your historic examination of two outlying years, or the track 
  record that has been created by the system since I supplied the 
  approach?
  <SPAN 
  class=016270523-21112003> 
  I'd 
  suggest you save your criticism about what works and what doesn't work until 
  what works ... stops working.  You are suggesting that this approach 
  sucks because you can't identify profits in some backtesting.  Really, 
  give me a break.  You keep backtesting for 2001 and 2002 and I'll keep 
  using this "general" (I no longer use the term robust for anything)timing 
  indicator to supplement my trading ideas and I will continue to "teach, talk, 
  and trade".  
  <SPAN 
  class=016270523-21112003> 
  Please, 
  you don't need my help.  As I recall, you started this tread.  Why 
  pursue shit indicators that produce shit results?  Move on to other 
  approaches.  There are plenty of people on this forum that you can learn 
  a lot more from that a street urchin from Detroit.  I don't have any 
  magic. What I have is nearly 14,000 hours of researh since 1996.  Of 
  course, a part of that was spent testing worthless ideas gleaned for books, 
  seminars and forums.
  <SPAN 
  class=016270523-21112003> 
  My Holy 
  Grail is an eight-ounce styrofoam cup, with teeth marks and lipstick 
  smears.  It's nothing special.  OK, I'm going to go back and crawl 
  into my hole.
  <SPAN 
  class=016270523-21112003> 
  Oh, for 
  those interested:  I finally finished my new improved webpage.  It's 
  free ...as it has been since the beginning.  Lot's of indicators and very 
  handsome pictures of me and my research partners.
  <SPAN 
  class=016270523-21112003> 
  Take 
  care,
  <SPAN 
  class=016270523-21112003> 
  <SPAN 
  class=016270523-21112003>Steve
  <A 
  href="">www.cedarcreektrading.com
  <SPAN 
  class=016270523-21112003> 
  <SPAN 
  class=016270523-21112003> 
  <SPAN 
  class=016270523-21112003> 
  <SPAN 
  class=016270523-21112003> 
  <SPAN 
  class=016270523-21112003> 
  <BLOCKQUOTE 
  >
    ----- Original Message ----- 
    <DIV 
    >From: 
    Dave Merrill 
    
    To: <A title=amibroker@xxxxxxxxxxxxxxx 
    href="">amibroker@xxxxxxxxxxxxxxx 
    Sent: Saturday, November 22, 2003 4:59 
    AM
    Subject: RE: [amibroker] Re: any 
    karnish watchers out there? For Steve
    
    <SPAN 
    class=016270523-21112003>steve, not only do I assume you've done it, but 
    when you speak about it as you have, I assume we'll like what we see if we 
    do it ourselves -- that's why you mentioned it. <SPAN 
    class=016270523-21112003>then I do try it, report results that are less than 
    stellar, and hear, "try this, try that".
    <SPAN 
    class=016270523-21112003><SPAN 
    class=016270523-21112003><FONT face="Courier New" 
    color=#0000ff size=2><SPAN 
    class=016270523-21112003> 
    <SPAN 
    class=016270523-21112003>I don't mean to 
    offend, or discourage teaching or the sharing of ideas, not at all. but it's 
    one thing to suggest that an idea might be worth pursuing, in combination 
    with a not-completely-specified set of confirming indicators, stops, 
    entrails, etc.. it's quite another to show some great-looking charts and 
    strongly imply that the single indicator shown is profitable in and of 
    itself, or with confirmation from any old trend indicator you might have 
    lying around.
    <SPAN 
    class=016270523-21112003><SPAN 
    class=016270523-21112003><FONT face="Courier New" 
    color=#0000ff size=2><SPAN 
    class=016270523-21112003> 
    <SPAN 
    class=016270523-21112003>I know I need to do 
    my own homework. I've been doing a great deal of that, don't mind, find it 
    interesting even. I'm just mystified by the vibe that the actual 
    numerical results I get from a system someone else suggested aren't that 
    great because of some problem with the way I approach life in general, 
    like some box I haven't thought my way out of (my favorite). it's not the 
    first time this has happened, so steve, don't take my reaction 
    personally.
    <SPAN 
    class=016270523-21112003><SPAN 
    class=016270523-21112003> 
    <SPAN 
    class=016270523-21112003>please don't 
    misunderstand, I'm trying to learn, not put anyone down, or their ideas. I 
    very much appreciate the offerings from everyone here, especially the more 
    experienced traders and system designers. I hope people will continue to 
    share their ideas, and comment on what gets posted. 
    
    <SPAN 
    class=016270523-21112003><SPAN 
    class=016270523-21112003> 
    <SPAN 
    class=016270523-21112003>I also appreciate 
    everyone's putting up with my ignorance, my endless attempts to test 
    and verify what gets said, and the periodic intrusions of my inner brat, 
    like this one. maybe it falls under the category of failing to shut up if I 
    don't have something nice to say, but surely there are others out there 
    wondering the same thing and not saying so out of deference to greater 
    expertise. or maybe not. maybe everyone but me takes this ball and runs with 
    it, all the way to the bank, while I just continually miss the obvious. 
    either way, hopefully we'll all learn something by talking about it, or 
    at least I will.
    <SPAN 
    class=016270523-21112003> 
    <SPAN 
    class=016270523-21112003>dave
    <BLOCKQUOTE 
    >I 
      guess the point is that some, rightly or wrongly, assume you've 
      already done this.  If that's the case what kind of results have 
      you gotten (CAR, MDD, UI) OOS ?  Maybe I'm nuts but to me a 
      Stochastic RSI, whether it's coupled with a trend indicator or stops 
      of a variety of types etc. is well INSIDE the box.--- In 
      amibroker@xxxxxxxxxxxxxxx, "CedarCreekTrading" <kernish@xxxx> 
      wrote:> Dave,> > No problem....I'd suggest that 
      you mix and match stops, trend identifiers and triggers.  I not 
      suggesting that you over-optimize (a rather tired and elusive topic on 
      this forum), but, please think outside the box.  The important 
      point is:  there are certain momentum oscillators that time you 
      into trend retracements that are very accurate.  Pick one.  
      > > Then, decide on some type of trend identification.  
      Only take trades in that direction.  > > Then, 
      conjure a stop strategy...to protect your position and 
      pocketbook.> > And finally, use something other than a 
      momentum oscillator to time you out.  Momentum Oscillators will 
      never capture a good move, running in the direction of the trend, 
      without leaving a lot of "cheese" on the table.> > I 
      think you can see that this is a bit different that just buying and 
      selling at the trigger levels.  The StoRSI has, and will always, 
      be a very decent timing device to position you into trend 
      retracements.  > > Take care,> > 
      SteveSend BUG REPORTS to 
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