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You asked>> 1. What kind of amounts of winning trades do people get (compared to losing) in the systems that they use for actual trading.
Answer>> Expect 4 to 5% less than what you see on testing.
2. And is anybody making money with these systems if so, how long have you been doing these systems before they gave you some profit.
Answer>> That depends on how disciplined and consistent you are in your application of the signals. Often absoulte beginners do better because they blindly follow the signals as people get more experience they either get cocky or think they know better.3. I need a system which gives me over 50 % right everytime. Does anybody know of a reliable system like that. (50 i can get with a flip of a coin).
Answer>> Yes I do. Attached is the results of one of them I friend of mine designed it. I have made ones with 65-70% win rate and good profit factors in the Australian SPI.
Be aware winning % is good for long run trading life but you need a good 4. I my self am a programmer and have used a lot of open source software ( software which is free do download, free to modify, but not allowed for anyone to sell), are there any similar collective projects for metastock systems anywhere? why doesnt this group for instance have a system, which everybody is building together. im sure 1000 people can make a better system than 1.
Answer>> Traders are more like rats keeping the good crums to themselves. Besides which people are so different psyhcologically and in terms of background a group system would be a night mare to create let alone trade.4. What kind of exploration is a good exploration?? I use a system which looks for stocks that have been in a trend for a minimum of 2 days and then do another exploration, which shows the stocks with a Macd, RSI, MA crossover, and stockhastic signal. It seems to do something but still i get the feeling that flipping a coin is just as likely.
Answer>> The coin flip is slightly misleading as if you have a Pay off of $1 for every $3 you risk and you have a 50/50 chance of Heads. Then you can still go bust if you back heads consistently.
Warmest Regards
David Hunt________________________________
www.adest.com.au
Phone: Australia: (02) 9527 4690 Int: + 61 2 9527 4690
USA : + 1 312 577 0491________________________________
-------Original Message-------
From: Metastockusers@xxxxxxxxxxxxxxx
Date: Saturday, February 01, 2003 02:15:48 AM
To: Metastockusers@xxxxxxxxxxxxxxx
Subject: [Metastockusers] Systems
Hello,Just have some general questions about systems:1. What kind of amounts of winning trades do people get (compared to losing) in the systems that they use for actual trading.2. And is anybody making money with these systems if so, how long have you been doing these systems before they gave you some profit.3. I need a system which gives me over 50 % right everytime. Does anybody know of a reliable system like that. (50 i can get with a flip of a coin)4. I my self am a programmer and have used a lot of open source software ( software which is free do download, free to modify, but not allowed for anyone to sell), are there any similar collective projects for metastock systems anywhere? why doesnt this group for instance have a system, which everybody is building together. im sure 1000 people can make a better system than 1. 4. What kind of exploration is a good exploration?? I use a system which looks for stocks that have been in a trend for a minimum of 2 days and then do another exploration, which shows the stocks with a Macd, RSI, MA crossover, and stockhastic signal. It seems to do something but still i get the feeling that flipping a coin is just as likely.thank,Tonikwww.tonik.netTo unsubscribe from this group, send an email to:Metastockusers-unsubscribe@xxxxxxxxxxxYour use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
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