|
PureBytes Links
Trading Reference Links
|
Roy,
Thank you for your info.
AnthonyRoy Larsen <rlarsen@xxxxxxxxxxxxxx> wrote:
AnthonyWhat version of MetaStock are you using?It's not possible to have fixed equity positions in the System Tester forany version prior to MS 8.0.I'm not familiar enough with the 8.01 Advanced System Tester to say one wayor the other. Someone from the group should be able to answer this. Isuspect that you can control the position size by specifying the number ofshares. If this is so then it would allow you to effectively keep theposition size fixed, or at least within a tight range.There is at least two commercial add-on tools that have this capability,possibly more.If you go to the "TradeEquity" group athttp://groups.yahoo.com/group/TradeEquity/ you can find out about the toolsI've developed for equal position sizing if you're not already familiar
withthem. I've had to restrict membership to this group because of the porn sitepushers, but other than a possible delay in being admitted to membershipthere shouldn't be a problem accessing the group files and archives.There are versions of TE for both equal (fixed position size) andcompounding (all profits reinvested as per MS), and options for points only,position size by percentage of a user selected maximum, and position size bynumber of shares. The difficulty with the latter two options is that theyrequire another user formula to calculate the percentage, or shares, to buy.I have yet to see any definitive code in this area of money management thatmakes any real difference to system performance. Hopefully one day someonewill convert some of the theory into useful metastock code that works.TE is free and the code is open. Support is also free (so far), and giventhe difficulties with the 8.01 Advanced System Tester I
think TE still has alot to offer in the way of system testing. TradeSim it's not however.Roy----- Original Message ----- From: "anthony chia" <anthonychiasl@xxxxxxxxx>To: <equismetastock@xxxxxxxxxxxxxxx>Sent: Saturday, October 18, 2003 5:50 PMSubject: Fwd: [EquisMetaStock Group] Roy, care to comment: System Tester -Can I fix the amount to commit for each trade to say, $5,000?> Roy,>> Would be much obliged if you could comment.>> Anthony Chia>> Note: forwarded message attached.>>> ---------------------------------> Do you Yahoo!?> The New Yahoo! Shopping - with improved product searchTo unsubscribe from this group, send an email to:equismetastock-unsubscribe@xxxxxxxxxxxxxxxYour use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
Do you Yahoo!?
The New Yahoo! Shopping - with improved product search
Yahoo! Groups Sponsor
To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|