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i would appreciate if u kindly share your experts
thanks
ashwany
yash_vani@xxxxxxxxx
--- kelols <kelols@xxxxxxxxxxx> wrote:
> There's been a lot of talk about trendmedium so I
> got the software
> and ran a few optimizations. Most of the discussion
> has centered
> around testing. I have my own system for testing.
>
> Over the last year, I've written a couple of experts
> that I trade
> with everyday. They have been tuned specifically for
> the dozen stocks
> I trade.
>
> I compared the results from TrendMedium and the
> resulting experts
> were pretty good. I find that mine still beat TMs by
> a few tenths of
> a percent, (in live trading, not in system tester or
> whatever) so I
> wouldn't switch to the ones that were generated with
> TM. I calculated
> that against the results from live trades, entry and
> exit points.
>
> The experts I've written are very profitable when
> applied to the
> small universe of stocks I use them on. I have
> written explorations
> and they work well in finding stocks that are about
> to trigger buys
> or shorts in my system. But I don't search for
> stocks because I make
> plenty of money just trading the swings on the
> stocks I trade
> everyday. Sometimes I trade mutual funds. I wrote a
> great expert
> system for mutual funds, but the market is not in
> the mutual fund
> mood right now.
>
> I would put TM's experts in the top ten percent of
> the ones I've
> tested or programmed myself. I have tested over 160
> of them, It took
> me many hundreds of hours and dozens and dozens of
> revisions to get
> my experts to work as well as they do. You can get
> ninety percent of
> the way there with TM, without the hundreds of hours
> of work.
>
> That being said, I have no clue if you can make
> money using TM. If I
> subsituted TM's experts for mine, I would still make
> a nice return,
> but I can't speak for what other people are trading.
> When I tell
> traders what I trade and how I trade, they look at
> me like I'm an
> idot, until they find out the daily profit
> percentage of the system.
> I'm a believer in the axiom that you have to trade
> stocks and use
> systems that fit your personality and style. I see
> people on this
> chat site wanting better ways to search 7000 stocks
> a night. How are
> you going to find stocks that fit your style, if you
> look at 7000
> everyday to find 100 new ones.
>
> I told someone today that in one of my revisions I
> programmed a
> system that worked great on a wide variety of
> stocks. I traded with
> it for a few weeks and hated it. It was dead on, but
> when you don't
> like something, you're not going to make money for
> long with it. I
> started making the most money when I picked stocks
> that fit me first
> and then programmed a system for trading them. It
> fit like a glove,
> and now I actually look forward to trading everyday.
> While I didn't
> lose any money with the other system, I was losing
> my smile, which is
> equally as important as how much you make.
>
> TM is not bad. There's a few things I haven't
> figured out how to do.
> The manual is a little sparse.
>
> I would buy it and keep it, if I didn't already have
> optimized
> experts on my charts. I found Bressert's to be the
> second best plug-
> in, if you need a day trading system and can't write
> one. I've used
> almost all of the Metastock plug-ins. They aren't
> suppose to be a
> complete trading system and find all the profitable
> stocks in the
> universe. However, they gave me many good ideas
> which I have used in
> my other systems that produce the results I was
> looking for.
>
> I see lots of questions regarding plug-ins and my
> answer is simply
> that asking what's the best plug-in is like asking
> is a 38 R suit
> better than a 44 tall. Well, it depends on who you
> are and what your
> size and style happens to be. No one has invented a
> one size fits all
> suit yet either.
>
> Good luck!
>
> JO
>
>
>
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