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Phsst, what board were you reading? I posted the 5 lite criteria
based on repeated requests to do so. I was being challenged after I
said one of Steve's systems wasn't robust by *my definition*. Not
that it wasn't tradeable, just not robust as I define it.
I procrastinated? You think I have nothing else to do than post here?
In addition to the reasons I already posted, how about struggling
with trying to make it simple and understandable to everyone, or just
wondering how much I want to disclose in public, especially since it
started out in a hostile environment.
As for backing away from my offer after "much pontification", ROTFL!
I offered *twice* and was *incredibly* disappointed that so few people
wanted to take me up on it.
So you found the thread increasingly "academic"? Two comments.
First, don't leave out that I offered *twice* to lead people through
the entire process. Nothing academic about hands on application.
Second, we need to cut out the labeling around here. Nothing good
*ever* comes out of that. Just look at history.
Finally, as for your comment "Thankfully, the "robustness" topic now
seems to have subsided" you're welcome, I'm really glad I took the
time to post it.
--- In amibroker@xxxxxxxxxxxxxxx, "Phsst" <phsst@xxxx> wrote:
> <all I got was a bunch of sarcastic comments from
> you, Fred, Howard and Steve (among others) about "academics" and
> "robustness".>
>
> Mark,
>
> I believe that you were the one who elevated the issue of
"robustness".
>
> The majority of comments I remember were positive replies to your
> offer, and yet after much pontification, you backed away from the
> offer in the end. And while I may be mistaken, I don't remember any
> substancial number of negative responses (I do remember Fred trying
> diligently to get you to quit procrastinating on the subject, but I
> did not percieve that he was being particularly sarcastic about it).
>
> But that's OK. Thankfully, the "robustness" topic now seems to have
> subsided. While I was never a detractor on that subject, the further
> the thread went, the more "academic" it did seem.
>
> I'm sure that there are many who would still like to see you make
your
> offer good.
>
> Regards,
>
> Phsst
>
>
>
>
>
>
>
> --- In amibroker@xxxxxxxxxxxxxxx, "quanttrader714"
> <quanttrader714@xxxx> wrote:
> > You seem to forget that I volunteered (twice) to lead anyone
> > interested through the entire trading process, from robustness
> > criteria and robust system development to actual real time, real $
> > execution (putting my own money publicly on the line to show the
> > concepts work). Has anyone else made that offer? And instead of
> > taking me up on it, all I got was a bunch of sarcastic comments
from
> > you, Fred, Howard and Steve (among others) about "academics" and
> > "robustness". Well, guess what? I'm *not* an academic. I'm a
> > trader. And even though I'm in a research pause, the one trade I
> > closed out last week *netted* me approximately 125% (on the trade
not
> > my account). How did you do last week? Did you even trade last
week?
> > Give me more ignorant sarcasm, Gary, and I'll be sure to post my
best
> > code for you.
> >
> > --- In amibroker@xxxxxxxxxxxxxxx, "Gary A. Serkhoshian"
> > <serkhoshian777@xxxx> wrote:
> > >All the guys espousing these concepts of what is robust and what
is a
> > >good system have yet to post one shred of code for us to run to
see
> > >how they got to their conclusions. Worse yet, they are even less
> > >generous with sharing a speck of a trading ideas via code.
> > >
> > >Until that happens, it is all just talk. At least Steve has the
> > >juevos to throw a tradeable idea out here on the board.
Remember the
> > >saying, "those who live in glass houses should not throw stones."
> > >
> > > Respectfully,
> > > Gary
> > >
> > > CedarCreekTrading <kernish@xxxx> wrote:
> > > Dave,
> > >
> > > then I do try it, report results that are less than stellar,
> > >
> > > 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.
> > >
> > > it's quite another to show some great-looking charts and
strongly
> > imply that the single indicator shown is profitable in and of
itself,
> > >
> > > 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?
> > >
> > > 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".
> > >
> > > 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.
> > >
> > > 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.
> > >
> > > 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.
> > >
> > > Take care,
> > >
> > > Steve
> > > www.cedarcreektrading.com
> > >
> > >
> > >
> > >
> > >
> > > ----- Original Message -----
> > > From: Dave Merrill
> > > To: amibroker@xxxxxxxxxxxxxxx
> > > Sent: Saturday, November 22, 2003 4:59 AM
> > > Subject: RE: [amibroker] Re: any karnish watchers out there? For
> > Steve
> > >
> > >
> > > 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. then I do try it, report results
that
> > are less than stellar, and hear, "try this, try that".
> > >
> > > 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.
> > >
> > > 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.
> > >
> > > 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.
> > >
> > > 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.
> > >
> > > dave
> > > 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,
> > > >
> > > > Steve
> > >
> > > Send BUG REPORTS to bugs@xxxx
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