|
PureBytes Links
Trading Reference Links
|
Steve
When I went out to look at your .gif files, I was unable to read the
headings on the Lumber charts, etc. Could you drop me an e-mail as to what
they were, or if they were even important.
Thanks
Guy
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Steve Karnish
> Sent: Saturday, August 22, 1998 8:56 PM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Re:System development
>
>
> John,
>
> Good systems that track commodities should be able to cross over
> and do well in equities. The futures game is "zero sum" (if
> John Manasco "wins" a dollar...Steve Karnish "loses" a dollar).
> Most folks believe that this makes it a tougher game. I thought
> just for fun I'd post the exact same linear regression
> oscillator systematic approach that I posted for lumber, but
> this time for a stock (DELL, one of Jim's current favorites).
> The approach is the same for lumber or DELL...but, the variables
> change to adapt to the rhythm. The chart represents the first
> six months of the year.
>
> Steve Karnish
> CCT
> ----------
> > From: John Manasco <manasco@xxxxxxxxxxxx>
> > To: metastock@xxxxxxxxxxxxx
> > Subject: Re:System development
> > Date: Saturday, August 22, 1998 11:56 AM
> >
> > Steve Karnish
> >
> > Thanks for the reply. You're right about my exit strategy.
> This is
> > something I'm working on to improve. I'd like to come up with
> something
> > that takes the decision out of my greedy little hands. I'm at
> my worst
> > when I try to outguess myself.
> >
> > I've never traded commodities, never even new what they were
> until about
> > five years ago. Someday I'll venture into that arena but for
> now I'll
> > stick to equities and options.
> >
> > Your forcast oscillator system is concise and to the point. I
> like
> > systems that have a minimum of indicators much more than
> systems that
> > use a myriad of indicators overlapping each other. Do you also
> use other
> > money management rules in case your system fails?
> >
> > Do you find some systems work better on futures that equities?
> I'm
> > comming to believe that there is no one system that will work
> on
> > everything but I need to tailor my systems for different
> industry
> > groups and different individual equities. This is hard to
> accomplish
> > without curve fitting but I'm finding that stocks do have
> their
> > individual personalities and respond better to some indicators
> than
> > others.
> >
> > Do you use candlesticks exclusively? Could you say something
> about why
> > you like them?
> >
> > Anyone else want to jump in please do so. I'd like to hear
> from new
> > investors and users of Metastock. How are you going about
> deciding which
> > indicators to study? Are there any trends developing which may
> be
> > helpful to more seasoned investors who also need help? When I
> first
> > started using Metastock I looked at the usual RSI, MACD,
> Stochastics
> > etc. Then everyone started exploring statistical based system.
> What's
> > new now? Any using fibonacci studies? How about cycle analysis
> and fast
> > fourier transforms? A Gann discussion group just started. I
> hope they
> > report back to the list on regular occasions on their
> progress.
> >
> > Anyway it's a nice afternoon and I'm going outdoors to enjoy
> it.
> >
> > Good trading
> >
> > John Manasco
|