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Re: New Buy -WATCH OUT NEWBIE - THE JUMPING SYSTEM TRICK



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Guy, I wouldn't respond to Mark or anyone that 
acts like he does. I take your input for exactly what it is ....... an input. 
Please keep up your posts.
 
Gene
  
----- Original Message ----- 
From: <A 
href="mailto:grt@xxxxxxxxxxxx"; title=grt@xxxxxxxxxxxx>Guy Tann 
To: <A href="mailto:metastock@xxxxxxxxxxxxx"; 
title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx 
Sent: Wednesday, October 11, 2000 8:22 AM
Subject: RE: New Buy -WATCH OUT NEWBIE - THE JUMPING SYSTEM 
TRICK
Mark,You've lost it again, I see.  Blowing more 
smoke and crying about the skyfalling.First, we're not "jumping 
systems" and still hold our S&P futures positionsbased upon our original 
buy.  And, as I said in my last post to you and thelist, prior to this 
trade we are up 200% since last October (on equity),which isn't too bad for 
the last 12 months.We always think we can improve our trading 
performance.  You, on the otherhand, appear to think that you can take 
a system (you'll notice I didn't saydevelop a system because I don't think 
you would know how) and ride it offinto the sunset.  We don't believe 
that, and feel that the market's dynamicschange constantly, and that you 
need to continually work on improving yourtrading systems.  Oh, if we 
could only be as perfect as you are, and haveperfect systems but never have 
to post any of our trades in advance, andstill feel free to throw stones at 
everyone else.  It's very easy to sitback and criticize everyone, 
Mark.  When you decide to put yourrecommendations where your big mouth 
is, let us all know.Second, we never claimed to be omnipotent like 
you.  Our system runs 75%correct and has for the past 15+ years.  
This number means that 25% (that's1 out of every 4 trade since you're 
mathematically challenged) loses money.Our system is comprised of two 
parts.  One half is a short-term signal andthe other half is a 
longer-term signal (which we call ITS and includes theH700).  This 
"new" system puts more weight on this longer-term component.Instead of 
weighting all 4 ITS indicators equally, we're going to weigh thisparticular 
one heavier.Finally, you'll notice I post ALL of my trades, win or lose, 
warts and all.I have yet to see you ever post any trades, in advance.  
Before you startcriticizing other people who post trades, you might try it 
yourself.  Or isit true that you're not a trader like someone else 
posted here, but simply apromoter, working with OPM?Let's see some 
advanced posts followed up by updating your track record ofpublic trades, 
your profitability and all of the other standards you try tohold everyone 
else to (except yourself).  For someone who attempts to holdeveryone to 
a high standard, you might try some introspection first.Until you start 
walking the walk, let's not hear all the 
talk.Fondly,GuyPoliticians and diapers have one thing in 
common. They should both bechanged regularly and for the same 
reason.-----Original Message-----From: <A 
href="mailto:owner-metastock@xxxxxxxxxxxxx";>owner-metastock@xxxxxxxxxxxxx 
[<A 
href="mailto:owner-metastock@xxxxxxxxxxxxx";>mailto:owner-metastock@xxxxxxxxxxxxx]OnBehalf 
Of Mark BrownSent: Wednesday, October 11, 2000 5:30 AMTo: Metastock User 
GroupSubject: Re: New Buy -WATCH OUT NEWBIE - THE JUMPING SYSTEM 
TRICKHello  Guy,"PATHETIC"  really really "PATHETIC" 
the classic -it doesn't work now solets  switch horses in mid stream 
trick?  Guy in the past I saw littlevalue  in  your trading 
post, but now I have changed my mind.  You canbe  a  
guiding  light  of  what  not  to  do  
when  trying to become amechanical  trader.   Have  
you thought of writing a book or compilingall of your past email post?  
As a possible publisher I would recommendthose  people  who  
do  those  Idiot's Guides, they would only have toreverse  
engineer  your  post to have a comprehensive volume of 
works.There  are some very valuable lessons here mr. newbie both 
trading andhow  to  wiggle out of public embarrassment - the other 
note is to makesure  you  have  a legitimate money making 
business on the side if youwant to follow some peoples advice on this 
list.GT> List,GT> Well this sure has been an interesting 
ride down, especially since wewereGT> long.  And yes, I do admit 
taking a major loss on this trade.GT> Anyway, we have decided to 
switch to a different signal (which we havebeenGT> testing for 
months), which had this last sell signal, unlike our currentGT> trading 
system that had us on the long side.GT> Guy--Best 
regards,  Mark Brown   <A 
href="mailto:markbrown@xxxxxxxxxxxxx";>mailto:markbrown@xxxxxxxxxxxxx  
Y = Offset + Amplitude * sin(Frequency * X)