|
PureBytes Links
Trading Reference Links
|
Thank you for your responce i was afraid i wouldnt get any. One more
question:
So would you recommend on consentrating on 1 Index like the SP? rather
as i find it impossible to find a system which performs the same on
every stock, althought that should be the case.
cheers,
Toni
--- In Metastockusers@xxxxxxxxxxxxxxx, "David Hunt" <david@xxxx>
wrote:
> 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,
>
> Tonik
>
> www.tonik.net
>
>
> Yahoo! Groups Sponsor
> ADVERTISEMENT
>
>
>
>
> To unsubscribe from this group, send an email to:
> Metastockusers-unsubscribe@xxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
To unsubscribe from this group, send an email to:
Metastockusers-unsubscribe@xxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|