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RE: Money Management Stops



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<DIV><FONT color=#0000ff face=Arial size=2><SPAN class=344105710-12042000>I 
believe this is possible if you have such a high rate profitability.&nbsp; If 
you you have a 50% or 55% prof. I don't think it is possible to trade like you 
do, or you need large pockets.</SPAN></FONT></DIV>
<DIV><FONT color=#0000ff face=Arial size=2><SPAN class=344105710-12042000>I 
quite don't understand when you say "we lost 100% of our equity (margin)" do you 
mean lost 50% of capital ? Because for me losing 100% of your capital is being 
BROKE, and if you lose 90% of your capital just remember you need a 900% gain 
just to recoup your loss.</SPAN></FONT></DIV>
<DIV><FONT color=#0000ff face=Arial size=2><SPAN 
class=344105710-12042000></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT color=#0000ff face=Arial size=2><SPAN 
class=344105710-12042000>Greetings</SPAN></FONT></DIV>
<DIV><FONT color=#0000ff face=Arial size=2><SPAN 
class=344105710-12042000>Mickey</SPAN></FONT></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #0000ff 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px">
  <DIV align=left class=OutlookMessageHeader dir=ltr><FONT face=Tahoma 
  size=2>-----Original Message-----<BR><B>From:</B> 
  owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]<B>On 
  Behalf Of </B>Guy Tann<BR><B>Sent:</B> woensdag 12 april 2000 
  5:19<BR><B>To:</B> metastock@xxxxxxxxxxxxx<BR><B>Subject:</B> RE: Money 
  Management Stops<BR><BR></DIV></FONT>
  <DIV class=Section1>
  <P class=MsoNormal><SPAN class=EmailStyle19><FONT color=#993366 face=Arial 
  size=2><SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">John<o:p></o:p></SPAN></FONT></SPAN></P>
  <P class=MsoNormal><SPAN class=EmailStyle19><FONT color=#993366 face=Arial 
  size=2><SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><![if !supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></SPAN></FONT></SPAN></P>
  <P class=MsoNormal><SPAN class=EmailStyle19><FONT color=#993366 face=Arial 
  size=2><SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">When 
  we get a signal to go the other way (reverse our trade).<SPAN 
  style="mso-spacerun: yes">&nbsp; </SPAN>We&#8217;re always in the market, for better 
  or for worse.<SPAN style="mso-spacerun: yes">&nbsp; </SPAN>As I have said many 
  times in the past, we&#8217;re contrarian traders who play probabilities.<SPAN 
  style="mso-spacerun: yes">&nbsp; </SPAN>We know that we have a certain percent 
  probability of being in the correct direction of a move.<SPAN 
  style="mso-spacerun: yes">&nbsp; </SPAN>For 2000, we&#8217;re running about 80-85% 
  correct.<SPAN style="mso-spacerun: yes">&nbsp; </SPAN>Again, as you can see 
  from our family email, we don&#8217;t have targets or goals and just stay with the 
  trade until the bitter end.<SPAN style="mso-spacerun: yes">&nbsp; </SPAN>In 
  certain cases, the drawdowns can get pretty heavy, that&#8217;s why money management 
  is so important.<SPAN style="mso-spacerun: yes">&nbsp; </SPAN>If you noticed 
  on the chart I posted of our trades from last October, there were two trades, 
  I believe, where we lost 100% of our equity (margin).<SPAN 
  style="mso-spacerun: yes">&nbsp; </SPAN>Even with those 2 trades, we&#8217;re up 
  almost 400% on margin in 6 months.<SPAN style="mso-spacerun: yes">&nbsp; 
  </SPAN>These bad trades are an example of why we were running a 100% risk of 
  ruin even though we historically are right 75+% of the 
  time.<o:p></o:p></SPAN></FONT></SPAN></P>
  <P class=MsoNormal><SPAN class=EmailStyle19><FONT color=#993366 face=Arial 
  size=2><SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><![if !supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></SPAN></FONT></SPAN></P>
  <P class=MsoNormal><SPAN class=EmailStyle19><FONT color=#993366 face=Arial 
  size=2><SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Again, 
  thanks to the group for all those money management suggestions.<SPAN 
  style="mso-spacerun: yes">&nbsp; </SPAN>They saved our collective butts twice 
  in the last six months.<o:p></o:p></SPAN></FONT></SPAN></P>
  <P class=MsoNormal><SPAN class=EmailStyle19><FONT color=#993366 face=Arial 
  size=2><SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><![if !supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></SPAN></FONT></SPAN></P>
  <P class=MsoAutoSig><!--[if supportFields]><span class=EmailStyle19><font 
size=2 color="#993366" face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:
12.0pt;font-family:Arial'><span style='mso-element:field-begin'></span><span 
style="mso-spacerun: yes">&nbsp;</span>AUTOTEXTLIST \s &quot;E-mail 
Signature&quot; <span style='mso-element:field-separator'></span></span></font></span><![endif]--><FONT 
  color=#993366><SPAN style="COLOR: #993366">Guy</SPAN></FONT><FONT 
  color=#993366><SPAN 
  style="COLOR: #993366; mso-color-alt: windowtext"><o:p></o:p></SPAN></FONT></P>
  <P class=MsoNormal><!--[if supportFields]><span class=EmailStyle19><font 
size=2 color="#993366" face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:
12.0pt;font-family:Arial'><span style='mso-element:field-end'></span></span></font></span><![endif]--><SPAN 
  class=EmailStyle19><FONT color=#993366 face=Arial size=2><SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><![if !supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></SPAN></FONT></SPAN></P>
  <P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT color=black face=Tahoma 
  size=2><SPAN 
  style="COLOR: black; FONT-FAMILY: Tahoma; FONT-SIZE: 10pt">-----Original 
  Message-----<BR><B><SPAN style="FONT-WEIGHT: bold">From:</SPAN></B> 
  owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]<B><SPAN 
  style="FONT-WEIGHT: bold">On Behalf Of </SPAN></B>John Manasco<BR><B><SPAN 
  style="FONT-WEIGHT: bold">Sent:</SPAN></B> Tuesday, April 11, 2000 5:06 
  AM<BR><B><SPAN style="FONT-WEIGHT: bold">To:</SPAN></B> 
  metastock@xxxxxxxxxxxxx<BR><B><SPAN 
  style="FONT-WEIGHT: bold">Subject:</SPAN></B> Re: Money Management 
  Stops</SPAN></FONT></P>
  <P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face="Times New Roman" 
  size=3><SPAN style="FONT-SIZE: 12pt"><![if !supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></SPAN></FONT></P>
  <P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT color=black face=Arial 
  size=2><SPAN 
  style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Guy</SPAN></FONT><FONT 
  color=black><SPAN 
  style="COLOR: black; mso-color-alt: windowtext"><o:p></o:p></SPAN></FONT></P>
  <P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT color=black 
  face="Times New Roman" size=3><SPAN 
  style="COLOR: black; FONT-SIZE: 12pt">&nbsp;</SPAN></FONT><FONT 
  color=black><SPAN 
  style="COLOR: black; mso-color-alt: windowtext"><o:p></o:p></SPAN></FONT></P>
  <P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT color=black face=Arial 
  size=2><SPAN style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt">What 
  criteria do you use to&nbsp;exit a trade that goes against 
  you?</SPAN></FONT><FONT color=black><SPAN 
  style="COLOR: black; mso-color-alt: windowtext"><o:p></o:p></SPAN></FONT></P>
  <P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT color=black 
  face="Times New Roman" size=3><SPAN 
  style="COLOR: black; FONT-SIZE: 12pt">&nbsp;</SPAN></FONT><FONT 
  color=black><SPAN 
  style="COLOR: black; mso-color-alt: windowtext"><o:p></o:p></SPAN></FONT></P>
  <P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT color=black face=Arial 
  size=2><SPAN style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt">John 
  Manasco</SPAN></FONT><FONT color=black><SPAN 
  style="COLOR: black; mso-color-alt: windowtext"><o:p></o:p></SPAN></FONT></P>
  <DIV 
  style="BORDER-BOTTOM: medium none; BORDER-LEFT: black 1.5pt solid; BORDER-RIGHT: medium none; BORDER-TOP: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 4pt; PADDING-RIGHT: 0in; PADDING-TOP: 0in">
  <P class=MsoNormal 
  style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: 39.75pt; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in 4.0pt"><FONT 
  color=black face=Arial size=2><SPAN 
  style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt">----- Original 
  Message ----- </SPAN></FONT><FONT color=black face=Arial size=2><SPAN 
  style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-color-alt: windowtext"><o:p></o:p></SPAN></FONT></P>
  <P class=MsoNormal 
  style="BACKGROUND: #e4e4e4; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: 39.75pt; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in 4.0pt"><B><FONT 
  color=black face=Arial size=2><SPAN 
  style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt; FONT-WEIGHT: bold">
  <DIV style="font-color: black">From:</SPAN></FONT></B><FONT color=black 
  face=Arial size=2><SPAN 
  style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt"> <A 
  href="mailto:grt@xxxxxxxxxxxx"; title=grt@xxxxxxxxxxxx>Guy Tann</A> 
  </SPAN></FONT></DIV><FONT color=black face=Arial size=2><SPAN 
  style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-color-alt: windowtext"><o:p></o:p></SPAN></FONT>
  <P></P>
  <P class=MsoNormal 
  style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: 39.75pt; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in 4.0pt"><B><FONT 
  color=black face=Arial size=2><SPAN 
  style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt; FONT-WEIGHT: bold">To:</SPAN></FONT></B><FONT 
  color=black face=Arial size=2><SPAN 
  style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt"> <A 
  href="mailto:metastock@xxxxxxxxxxxxx"; 
  title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx</A> </SPAN></FONT><FONT 
  color=black face=Arial size=2><SPAN 
  style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-color-alt: windowtext"><o:p></o:p></SPAN></FONT></P>
  <P class=MsoNormal 
  style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: 39.75pt; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in 4.0pt"><B><FONT 
  color=black face=Arial size=2><SPAN 
  style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Sent:</SPAN></FONT></B><FONT 
  color=black face=Arial size=2><SPAN 
  style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt"> Monday, April 10, 
  2000 10:50 PM</SPAN></FONT><FONT color=black face=Arial size=2><SPAN 
  style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-color-alt: windowtext"><o:p></o:p></SPAN></FONT></P>
  <P class=MsoNormal 
  style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: 39.75pt; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in 4.0pt"><B><FONT 
  color=black face=Arial size=2><SPAN 
  style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Subject:</SPAN></FONT></B><FONT 
  color=black face=Arial size=2><SPAN 
  style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt"> RE: Money 
  Management Stops</SPAN></FONT><FONT color=black face=Arial size=2><SPAN 
  style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-color-alt: windowtext"><o:p></o:p></SPAN></FONT></P>
  <P class=MsoNormal 
  style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: 39.75pt; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in 4.0pt"><FONT 
  color=black face="Times New Roman" size=3><SPAN 
  style="COLOR: black; FONT-SIZE: 12pt"><![if !supportEmptyParas]>&nbsp;<![endif]></SPAN></FONT><FONT 
  color=black><SPAN 
  style="COLOR: black; mso-color-alt: windowtext"><o:p></o:p></SPAN></FONT></P>
  <P class=MsoNormal 
  style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: 39.75pt; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in; mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in 4.0pt"><SPAN 
  class=EmailStyle16><FONT color=navy face=Arial size=2><SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">We 
  don&#8217;t use any stops in our trading which means that some bad trades can be 
  very expensive.<SPAN style="mso-spacerun: yes">&nbsp; </SPAN>Stops will only 
  mess up your system, unless you used stops when systems testing.<SPAN 
  style="mso-spacerun: yes">&nbsp; </SPAN>We don&#8217;t use stops in testing our 
  system and we don&#8217;t use any stops in trading 
  it.<o:p></o:p></SPAN></FONT></SPAN></P>
  <P class=MsoNormal 
  style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: 39.75pt; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in; mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in 4.0pt"><SPAN 
  class=EmailStyle16><FONT color=navy face=Arial size=2><SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><![if !supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></SPAN></FONT></SPAN></P>
  <P class=MsoNormal 
  style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: 39.75pt; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in; mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in 4.0pt"><SPAN 
  class=EmailStyle16><FONT color=navy face=Arial size=2><SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Just 
  my opinion.<o:p></o:p></SPAN></FONT></SPAN></P>
  <P class=MsoNormal 
  style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: 39.75pt; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in; mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in 4.0pt"><SPAN 
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  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><![if !supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></SPAN></FONT></SPAN></P>
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class=EmailStyle16><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'><span style='mso-element:
field-begin'></span><span style="mso-spacerun: yes">&nbsp;</span>AUTOTEXTLIST 
\s &quot;E-mail Signature&quot; <span style='mso-element:field-separator'></span></span></font></span><![endif]--><FONT 
  color=navy><SPAN style="COLOR: navy">Guy</SPAN></FONT><FONT color=black><SPAN 
  style="COLOR: black; mso-color-alt: windowtext"><o:p></o:p></SPAN></FONT></P>
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  <P class=MsoNormal 
  style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: 39.75pt; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in; mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in 4.0pt"><!--[if supportFields]><span 
class=EmailStyle16><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'><span style='mso-element:
field-end'></span></span></font></span><![endif]--><SPAN 
  class=EmailStyle16><FONT color=navy face=Arial size=2><SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><![if !supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></SPAN></FONT></SPAN></P></DIV>
  <DIV 
  style="BORDER-BOTTOM: medium none; BORDER-LEFT: black 1.5pt solid; BORDER-RIGHT: medium none; BORDER-TOP: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 4pt; PADDING-RIGHT: 0in; PADDING-TOP: 0in">
  <P class=MsoNormal 
  style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: 75.75pt; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in; mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in 4.0pt"><FONT 
  color=black face=Tahoma size=2><SPAN 
  style="COLOR: black; FONT-FAMILY: Tahoma; FONT-SIZE: 10pt">-----Original 
  Message-----<BR><B><SPAN style="FONT-WEIGHT: bold">From:</SPAN></B> 
  owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]<B><SPAN 
  style="FONT-WEIGHT: bold">On Behalf Of </SPAN></B>Dr. R.BHANJA<BR><B><SPAN 
  style="FONT-WEIGHT: bold">Sent:</SPAN></B> Monday, April 10, 2000 11:18 
  AM<BR><B><SPAN style="FONT-WEIGHT: bold">To:</SPAN></B> 
  metastock@xxxxxxxxxxxxx<BR><B><SPAN 
  style="FONT-WEIGHT: bold">Subject:</SPAN></B> Money Management 
  Stops</SPAN></FONT><FONT color=black><SPAN 
  style="COLOR: black; mso-color-alt: windowtext"><o:p></o:p></SPAN></FONT></P>
  <P class=MsoNormal 
  style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: 75.75pt; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in; mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in 4.0pt"><FONT 
  color=black face="Times New Roman" size=3><SPAN 
  style="COLOR: black; FONT-SIZE: 12pt"><![if !supportEmptyParas]>&nbsp;<![endif]></SPAN></FONT><FONT 
  color=black><SPAN 
  style="COLOR: black; mso-color-alt: windowtext"><o:p></o:p></SPAN></FONT></P>
  <P class=MsoNormal 
  style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: 75.75pt; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in; mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in 4.0pt"><FONT 
  color=black face="Times New Roman" size=2><SPAN 
  style="COLOR: black; FONT-SIZE: 10pt">Can any body give an idea on how to set 
  the exit parameters settings in a system building exercise. Two things needed 
  to be set "Money Management Stop" and "Exit Parameters". While fixing the exit 
  parameters first I am getting good winning trade% and average win to loss 
  ratio with a respectable profit. But since the drawdowns are more I tried to 
  put the Money Management stops but here the system got deteriorated. My money 
  management stops are coming some where around 15% of the entry point to get 
  the good result. But this is frightening. So I am trying with other set of 
  entry models.</SPAN></FONT><FONT color=black><SPAN 
  style="COLOR: black; mso-color-alt: windowtext"><o:p></o:p></SPAN></FONT></P>
  <P class=MsoNormal 
  style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: 75.75pt; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in; mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in 4.0pt"><FONT 
  color=black face="Times New Roman" size=2><SPAN 
  style="COLOR: black; FONT-SIZE: 10pt">Can any body have the idea what should 
  be an acceptable money management stops people do follow. At what point this 
  stop should be tested during a system building exercise and while fixing this 
  stop what parameters one should check (I mean winning % or net profit or 
  drawdown or average win to loss ratio).</SPAN></FONT><FONT color=black><SPAN 
  style="COLOR: black; mso-color-alt: windowtext"><o:p></o:p></SPAN></FONT></P>
  <P class=MsoNormal 
  style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: 75.75pt; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in; mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in 4.0pt"><FONT 
  color=black face="Times New Roman" size=2><SPAN 
  style="COLOR: black; FONT-SIZE: 10pt">BHANJA</SPAN></FONT><FONT 
  color=black><SPAN 
  style="COLOR: black; mso-color-alt: windowtext"><o:p></o:p></SPAN></FONT></P></DIV></DIV></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Wed Apr 12 06:29:35 2000
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From: Christian Baude <BAUDECB@xxxxxxxxxxxxx>
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Subject: Re: Continual charge for maintenance releases???
Date: Wed, 12 Apr 2000 07:38:00 -0400
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Status:   

On Wed, 12 Apr 2000 10:18:33 +0100, you wrote:

> Well you forgot to mention here that it was Equis ridiculous version
> numbering system and, if I remember correctly, a faulty patch, and not the
> customers, who were to blame for the patch problem.

The numbering system was horrible from the beginning.  Most likely a
newbie marketer decision, with no prior experience.

This was mentioned to Equis in many e-mail when it first happened.  I
too was confused. The issue occurred when the RT version was not
called RT but Professional, and they used the SAME release version!,
as the EOD.

RT was a named coined by Equis who later dropped it in favor of
Professional, and EOD was coined from the users.... I may be wrong on
that. . . 

The bottom line, poor marketing, trying to capitalize on "buzz" words
not in the user's mind.

-÷ Chris ß ÷-