|
PureBytes Links
Trading Reference Links
|
Mark,
If I were going to call into question the concept of robustness in
system design or the tools you employ to measure it, I would have
done so in the thread where it was discussed, not in a silly phrase
that was totally unrelated to that thread in any way.
--- In amibroker@xxxxxxxxxxxxxxx, "quanttrader714"
<quanttrader714@xxxx> wrote:
> Fred, I'm talking mostly about after I posted the 5 "lite" criteria,
> such as your comment in Message 52666: "It's not as robust, OMG
> there's that word again." When I read things like that, it doesn't
> make me feel real good about having shared. Not that I don't adopt
a
> sarcastic tone myself sometimes but I'll think you'll find that
when I
> do, it's almost always reactive.
>
> --- In amibroker@xxxxxxxxxxxxxxx, "Fred" <ftonetti@xxxx> wrote:
> > Mark,
> >
> > Most times I wouldn't argue the fact that I can be critical about
a
> > variety of things. But I think you better go back through the
> > robustness thread and reread what I posted as I was doing my
level
> > best to be positive and move things along in a positive way.
> >
> > If I failed in that thread, it's not likely I'll ever succeed in
> any
> > other thread ever again ...
> >
> > --- 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
> > > > Send SUGGESTIONS to suggest@xxxx
> > > > -----------------------------------------
> > > > Post AmiQuote-related messages ONLY to: amiq
> uote@xxxxxxxxxxxxxxx
> > > > (Web page: http://groups.yahoo.com/group/amiquote/messages/)
> > > > --------------------------------------------
> > > > Check group FAQ at:
> > > http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> > > >
> > > > Your use of Yahoo! Groups is subject to the Yahoo! Terms of
> > > Service.
> > > >
> > > > Yahoo! Groups SponsorADVERTISEMENT
> > > >
> > > > Send BUG REPORTS to bugs@xxxx
> > > > Send SUGGESTIONS to suggest@xxxx
> > > > -----------------------------------------
> > > > Post AmiQuote-related messages ONLY to: amiq
> uote@xxxxxxxxxxxxxxx
> > > > (Web page: http://groups.yahoo.com/group/amiquote/messages/)
> > > > --------------------------------------------
> > > > Check group FAQ at:
> > > http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> > > >
> > > > Your use of Yahoo! Groups is subject to the Yahoo! Terms of
> > > Service.
> > > >
> > > >
> > > > ---------------------------------
> > > > Do you Yahoo!?
> > > > Free Pop-Up Blocker - Get it now
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Buy Ink Cartridges or Refill Kits for your HP, Epson, Canon or Lexmark
Printer at MyInks.com. Free s/h on orders $50 or more to the US & Canada.
http://www.c1tracking.com/l.asp?cid=5511
http://us.click.yahoo.com/mOAaAA/3exGAA/qnsNAA/GHeqlB/TM
---------------------------------------------------------------------~->
Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|