|
PureBytes Links
Trading Reference Links
|
Mike
My apologies but I nosed around and couldn't find
the link to "does a...." Also spell check works in Outlook Express. I do
see now how to find the link but this one is lost to me.
T
As far as finding a profitable trading system. Why
not approach it scientifically. Take one stock you like and try all the System
tests on it. If you find one that you feel you could accept every buy sell
signal that it made historically-not simply the equity chart-, then go and
find other stocks that it can be applied to. Eventually you will zero in on one
system and probably a few stocks. Chasing too many stocks with too many system
tests simply creates chaos. From there you have to trust the system or toss it
but not second guess it.
BTW I believe if you are only willing to go long
then you might be better off buying high dividend paying stocks.
Regards Martin
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Adheer Pai
To: <A
title=Metastockusers@xxxxxxxxxxxxxxx
href="">Metastockusers@xxxxxxxxxxxxxxx
Sent: February 09, 2003 7:31 PM
Subject: Re: [Metastockusers] Re: Does a
profitable system exist??
If one has a system that consistently looses money - (in
other words the system has more dollar-amount in losing trades than
winning trades) , then would it be considered a "contrarian profitable
system" ? If this losing system indicated to buy a stock in reality to
make money one should rather short a stock (or buy a put) and
vice-versa.Theoretically speaking, a system must be consistent - it
may either be winning most times or losing most times (glass is half-full
or half-empty paradigm).Would such a system considered consistent ?
Would such a system has a strong prospect of being profitable ?Any
thoughts ??----Original Message Follows----From: "Henry Z
Kaczmarczyk "Reply-To: Metastockusers@xxxxxxxxxxxxxxxTo:
Metastockusers@xxxxxxxxxxxxxxxSubject: [Metastockusers] Re: Does a
profitable system exist??Date: Sun, 09 Feb 2003 19:34:04
-0000Tonik,Trading stocks is like fishing, you have to know what kind
of baitto use, otherwise the fish won't bite!One system might work
quite well on most stocks that are trending,but will get wiped out on
non-trending stocks.Is your system based on indicators or Price action? Or
a combinationof both?Use stops to protect yourself!Henry--- In
Metastockusers@xxxxxxxxxxxxxxx, "tonikarhu "wrote:>Does a System,
which performs well on all stocks exist, or shoulda>System be used
only on particular type of stocks?>>What kind of measures are
there to analyse a stocks behaviour tofit>it with a particular
system?>>What is a good indicator what is
not??>>How many indicators would be a good amount for a system.
I hearthat>too many is useless, but too little is not flexible
enough.>>Can a system be optimised with variables measured from
the stock rather >than using the
optimiser?>>tonik_________________________________________________________________Add
photos to your messages with MSN 8. Get 2 months FREE*. <A
href="">http://join.msn.com/?page=features/featuredemailTo
unsubscribe from this group, send an email
to:Metastockusers-unsubscribe@xxxxxxxxxxxYour use
of Yahoo! Groups is subject to the <A
href="">Yahoo! Terms of Service.
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.
|