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Re: [amibroker] OT:Definition of a system



PureBytes Links

Trading Reference Links

Assuming you mean Mechanical System?
My system tends to provide signals for me to decide entry/exit. Not
everything can be written into AFL, although it does get close.


On Mon, 7 Feb 2005 18:42:54 -0600, mrdavis9 <mrdavis9@xxxxxxxxxx> wrote:
> Yuki said>>A system means (with very, very few exceptions) that there
> are no "entry decisions" to be made, once the system is developed and
> tested (where the decisions are made) and deemed worthy of going live.
> =====================================
> Yuki's comment above prompted me to see if a definition exists for stock
> trading systems.  I first checked an online dictionary, and the most closely
> related definitions are >>
> 2 : presented or formulated as a coherent body of ideas or principles
> <systematic thought>
> 3 a : methodical in procedure or plan <a systematic approach> <a systematic
> scholar> b : marked by thoroughness and regularity <systematic efforts>.
>  
> I then checked the http://www.salibaoptions.com/so_glossary.cfm
> which led me nowhere. 
>  
>  Since there appears to be no definition of system trading, I will makeup my
> own definition.
>  
> To me, a true systematic trader would NEVER question the symbol, or entry
> date that their system produced.  It seems so me that questioning the
> recommendation of your system indicates that you lack  confidence in your
> system. 
>  
> Even if you execute a full 99% of your system's recommendations, and avoid
> only 1%, you have forfeited the right to say that you are using a trading
> system.
>  
> Since I can find no official definition of a trading system, I hereby DECREE
> that you are  allowed to state that you are a systematic trader only when
> you enter EVERY one of your system's buy signals.   Since this is OT: any
> followup should possibly be transferred to the trading systems YahooGroup,
> but that is the decision of the moderator.  I don't post there, but I do
> listen in. Ron D
>  
>  
> 
> 
> 
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> 
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-- 
Cheers
Graham
http://e-wire.net.au/~eb_kavan/


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