|
PureBytes Links
Trading Reference Links
|
Hello Bill,
I'm pleased you read the reply as I hadn't seen you around for a
couple of days and thought you might have disappeared.
Trialling (it's not in my dictionary either - I haven't been to
school for a while) = = trial and error (paper trading or virtual
trading where you visualise the outcomes of your systems in your
minds eye or imagination).
I base this approach on my theory of success (template) = = theory
(reading?)followed by practice (backtesting?) followed by application
(trading or virtual trading) and then back to the drawing board to
fix up your mistakes - the path to success is perpetual application
of the above cycle (continuous improvement in business terms).
I discussed *The Success Template* in more detail in a previous topic
on Trading Psychology.
It was of minority interest only and some forum members didn't like
it at all so it may not be to your taste either.
Trading bank = = trading capital = = the amount of money you have to
trade with.
Depending on your definition of ruin i.e all of your capital is gone
or 50% of your capital is gone, once you trade to ruin it is game
over until you can put together another stash (by the way ruin isn't
in my trading goals).
I understand your point on AccDis.
I am a liberal and free thinker.
As far as I am concerned feel free to speculate and use examples etc
in discussions.
There is no pressure on from me to be correct.
It is only a discussion.
If you are going to write a book etc it is a different matter.
Brian*:-)
P.S
I am not a training guru so feel free not to believe anything you
can't verify for yourself.
When in doubt put it in the holding pen.
If it doesn't stack up throw it in the rubbish bin.
--- In amibroker@xxxxxxxxxxxxxxx, Bill Halliday <halliday_mo@xxx>
wrote:
>
> Brianzee123,
>
> Thank you for your response. I appreciate them very much.
>
>
> Am I on the right track?
>
> Definitely.
> It's a long way to the top though.
>
> Unquestionably true!
>
> Suggest improvements to your approach?
>
> Keep doing what you are doing (reading, thinking, questioning,
> discussing, trialling; you are in good company with AmiBroker).
> It will be interesting to see what you can do in a few years if you
> are still around.
>
> I will read, think, and question. Discussing my findings in this
> forum is the way I plan to verify/focus my approach.
> Trialling isn't in my dictionary, what is it?
>
> Suggest improvements to your system development?
>
> I would say to think carefully about the criteria you use to
evaluate
> your systems (there is discussion in Pardo about this-I will read
it) and to
> understand the principles of money management thoroughly (there are
> 1000's of systems but you only have one trading bank).
>
> I'm not faminiar with the term: trading bank, what is it?
>
> My initial reason for starting the document was to learn what a
> system was composed of and how to put one into practice.
> It's a start!
>
> Soon I'll be up to the place where I can set realistic goals for
a system.
> As you point out, the Accumulation/Distribution System wasn't
intended
> to be used as a system, but was only used for the purpose of
learning
> to think/write/plan etc. in "Systems".
>
> Thank you for reviewing my approach and providing comments on it.
>
> I look forward to your comments on my next offering.
>
> Bill
>
>
> ---------------------------------
> Have a burning question? Go to Yahoo! Answers and get answers from
real people who know.
>
Content-Description: "AVG certification"
No virus found in this incoming message.
Checked by AVG Free Edition.
Version: 7.5.432 / Virus Database: 268.17.22/666 - Release Date: 2/3/2007 3:31 PM
|