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Graham, when I posted my comments, I was thinking only of
the entry. I guess I should have stated that I was referring to a
MECHANICAL ENTRY SYSTEM. Ron D
----- Original Message -----
Sent: Tuesday, February 08, 2005 1:19
AM
Subject: Re: [amibroker] OT:Definition of
a system
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 > > > > > > Check
AmiBroker web page at: > http://www.amibroker.com/ >
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-- Cheers Graham http://e-wire.net.au/~eb_kavan/
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