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"... So what you talked about below is true but irrelevant to Mark H..."
Mark H.'s method is entirely different from Mark K.'s method, so it's
irrelevant on a couple of levels.
Mark H.'s method won't ever produce a major drawdown on any one trade
and he won't ever have a major win to bring him back up to even after
a large drawdown, either. His drawdowns are caused by the numerous
cumulative small losses that can occur with his method, and he makes
it back with numerous cumulative small wins.
Although I, too, am willing to accept a lower return in exchange for a
lower drawdown, it seems to me that Mark H.'s method (based on his
posts and my own understanding of how markets work) would be robust
enough to work in a variety of bullish trading conditions. It's more
or less profitable based on the strength or weakness of the bullish
trend, not because of over-optimized parameters that only "fit" under
certain conditions.
Myself, I'm definitely going to do some more research on this and see
if there's something I can use.
Luck,
Sebastian
--- In amibroker@xxxxxxxxxxxxxxx, "intermilan04" <intermilan04@xxx> wrote:
>
> You don't seem to understand. According to Mark H,
> HE IS MAKING 126% THE LAST 3 YEARS. We are not talking
> about his system producing 126% the last 3 years. He is
> MAKING THAT AMOUNT IN REAL LIFE (According to his story).
>
> So what you talked about below is true but irrelevant to Mark H.
>
> intermilan04
>
> --- In amibroker@xxxxxxxxxxxxxxx, "MailYahoo" <MailYahoo@> wrote:
> >
> > Unfortunately your back-testing only curve fits your trade system
> making it
> > optimal with already known data.
> >
> > If you were to use IO with it out of sample I would think that it
> would fall
> > apart and you would have to wait for that huge win to dig you out
> >
> >
> >
> > I rather have my system with a Mdd of about 9% and Annret of 38%
> >
> >
> >
> >
> >
> > Mark
> >
> >
> >
> >
> >
> >
> >
> > _____
> >
> > From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx]
> On Behalf
> > Of Mark H
> > Sent: Monday, June 19, 2006 10:02 PM
> > To: amibroker@xxxxxxxxxxxxxxx
> > Subject: Re: [amibroker] Has anybody made any money???
> >
> >
> >
> > That's why I said it was the most difficult part of the system :-)
> >
> > When I couldn't sleep at night, I just ran a backtest again, and
> compared
> > the current market conditions with historical conditions with similar
> > drawdowns.
> >
> > That helped me breathe and relax!
> >
> >
> >
> > ----- Original Message -----
> >
> > From: MailYahoo <mailto:MailYahoo@>
> >
> > To: amibroker@xxxxxxxxxxxxxxx
> >
> > Sent: Monday, June 19, 2006 8:56 PM
> >
> > Subject: RE: [amibroker] Has anybody made any money???
> >
> >
> >
> > Mark,
> >
> > 40% MDD?
> >
> > I would be up all night with that
> >
> > To me that is not a trading system that I could live with, more of a
> hope
> > and pray type of system
> >
> > Mark
> >
> >
> >
> > _____
> >
> > size=2 width="100%" align=center tabIndex=-1>
> >
> > From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx]
> On Behalf
> > Of Mark H
> > Sent: Monday, June 19, 2006 5:30 PM
> > To: amibroker@xxxxxxxxxxxxxxx
> > Subject: Re: [amibroker] Has anybody made any money???
> >
> > Dr Gaine$
> >
> > My strategy is dip buying. When the market is bullish, buy strong
stocks
> > when they dip steeply and sell them when they rise.
> >
> > The secret is to use time stops (5-8 days) to let your capital work
> harder
> > for you.
> >
> > The most difficult part is to sit tight when market is not good
and also
> > stomach the drawdown up to 40%.
> >
> > Backtest helps a lot to pull the trigger when you are down 40%.
> >
> > - Mark
> >
> > ----- Original Message -----
> >
> > From: richard <mailto:dr_richard_gaines@> gaines
> >
> > To: amibroker@xxxxxxxxxxxxxxx
> >
> > Sent: Sunday, June 18, 2006 9:40 AM
> >
> > Subject: Re: [amibroker] Has anybody made any money???
> >
> > Share your strategy with us Mark.
> >
> > Dr Gaine$
> >
> > Mark H <amibroker@> wrote:
> >
> > Absolutely. Average 126% for the last three years.
> >
> > But you should know that software are just tools and not money
printing
> > machines. It is what between your ears matters.
> >
> > ----- Original Message -----
> >
> > From: tom_katch <mailto:tom_katch@>
> >
> > To: amibroker@xxxxxxxxxxxxxxx
> >
> > Sent: Saturday, June 17, 2006 7:04 AM
> >
> > Subject: [amibroker] Has anybody made any money???
> >
> > I own Amibroker software, and have the latest version (standard). I
> > also have Metastock, Vectorvest and some other software. But I am
> > sorry to say that Amibroker is the only software I ever bought that I
> > did not study up on. I understand that most of the users are very
> > pleased with it from looking at this forum. Most of the postings are
> > of a technical nature, with questions as how to understand and use
the
> > software. But I don't recall seeing postings from people noting their
> > success in using the software. Have any of you had great/good/fair
> > success in using it? Have you made a lot/some/little money with it?
> > Maybe some of your positive comments will give me a kick in the ass,
> > and I'll start on the 800 page manual.
> >
> > Thanks
> >
> > Fred
> >
> > __________________________________________________
> > Do You Yahoo!?
> > Tired of spam? Yahoo! Mail has the best spam protection around
> > http://mail.yahoo.com
> >
>
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