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Dave,
I know that you did not call me that. I was merely describing the
characteristics of a succesful trader. It took a very long time to
fully understand, develop and perfect the system, because I heavily
depend on short-term walk-forward testing (real-time with real-data)
to validate my long-term back-testing results, but I am unable to
code the MM part of it, because I dont have full access to it, only
parts of it. The MM part had to be tested real-time with real-
data. I also have a full-time job other than trading which resulted
in very less time devoted to part-time position trading, but mostly
because of the requirement of walk-forward testing, it takes a long-
time to develop a mature system.
rgds, Pal
--- In amibroker@xxxxxxxxxxxxxxx, "Dave Merrill" <dmerrill@xxxx>
wrote:
> FWIW, I *didn't* call you an idiot. I said that you must think WE
are
> idiots, enough so to believe that you had a system that made 100%
profit per
> month.
>
> Oh, sorry, you didn't have time to make that $167 billion because
you were
> busy developing the system. Maybe soon... I'm sure we'll read all
about it
> in the papers.
>
> Have nice day,
>
> Dave Merrill
>
> All I can say is that your conclusions are wrong. I havent been
> trading all the time, mostly developing the system. One more
> advise, before you start calling people idiots, consider this:
If
> you are the first man to sell and the first man to buy, when a
> financial instrument reaches a top or a bottom, you can become
the
> richest man in the world. In other words, you have to be the
> smartest man in the world to do just that. You would require the
> smartest man in the world to do the most difficult job in the
> world. In other words, all others have to be idiots, by
definition
> because you bought or sold the instrument before everybody else
in
> the world did.
>
> Frankly, I dont care if I made it to your kill file or not.
>
> rgds, Pal
> --- In amibroker@xxxxxxxxxxxxxxx, "Dave Merrill" <dmerrill@xxxx>
> wrote:
> > Pal Anand wrote:
> >
> > > I have developed high-performance systems that
> > > return over 100% per month through effective money-
management.
> >
> > Pal, your ideas are welcome, but with all due respect,
completely
> without
> > credibility.
> >
> > 100% monthly profits turn $10,000 capital into over $40
million in
> a year,
> > and over $167 billion in two years. (Assuming I'm reading all
> those decimal
> > places correctly; that's not a number I deal with often...)
> >
> > I'd have to conclude that your statement is b.s, and that you
> consider the
> > rest of us complete idiots as well. I'll wait a bit to see what
> you have to
> > say, but I think you've just made it into my (extremely rarely
> used)
> > killfile.
> >
> > Dave Merrill
>
>
> [Non-text portions of this message have been removed]
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