Re: [amibroker] Has anybody made any money???

["Mark H" <amibroker@xxxxxxxxxxxxx>]

Yuki:

Thanks for your kind warning. However, you got it wrong. I am trading a strict mechanical system including position sizing algorithm. So "bet it all" is not applicable here.  There were no big bets and no big wins either. Just small bets and small wins/losses, and a lot of them. Since you stated "nobody gets those kind of returns", I would recommend that you read a few of those wizards/hitters books to get some inspiration. 
Good trading,

- Mark H


  ----- Original Message ----- 
  From: Yuki Taga 
  To: richard gaines 
  Sent: Monday, June 19, 2006 5:47 PM
  Subject: Re: [amibroker] Has anybody made any money???


  Hi richard,

  Why? ^_^

  There are basically only two ways to get that kind of return: 1)
  Start with a meaningless amount of money, and/or 2) Use enormous
  leverage and make a couple of big bets that turn out right. But it's
  likely a combination of 1 and 2. In any case, a percentage return
  number like that without any hint of money under management is
  meaningless. You can "bet it all" when "all" is something you are
  willing to lose. When "all" becomes significant, the story changes.
  And nobody -- and I do mean nobody -- gets those kind of returns,
  particularly year after year, without accepting risk that most of us
  would find very, very extreme. The trader will either reduce risk
  substantially in the future, or soon be looking for a different
  career, IMHO.

  Yuki

  Sunday, June 18, 2006, 10:40:46 PM, you wrote:

  rg> Share your strategy with us Mark.

  rg> Dr Gaine$

  rg> Mark H <amibroker@xxxxxxxxxxxxx> wrote:
  rg> Absolutely. Average 126% for the last three years.
  rg> But you should know that software are just tools and not money printing machines. It is what between your ears matters.

  rg> ----- Original Message ----- 
  rg> From: tom_katch 
  rg> To: amibroker@xxxxxxxxxxxxxxx 
  rg> Sent: Saturday, June 17, 2006 7:04 AM
  rg> Subject: [amibroker] Has anybody made any money???


  rg> I own Amibroker software, and have the latest version (standard). I 
  rg> also have Metastock, Vectorvest and some other software. But I am 
  rg> sorry to say that Amibroker is the only software I ever bought that I 
  rg> did not study up on. I understand that most of the users are very 
  rg> pleased with it from looking at this forum. Most of the postings are 
  rg> of a technical nature, with questions as how to understand and use the 
  rg> software. But I don't recall seeing postings from people noting their 
  rg> success in using the software. Have any of you had great/good/fair 
  rg> success in using it? Have you made a lot/some/little money with it? 
  rg> Maybe some of your positive comments will give me a kick in the ass, 
  rg> and I'll start on the 800 page manual.

  rg> Thanks

  rg> Fred