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RE: [Metastockusers] Re: Purcahasing a System?



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Bane226:
 You will probably get the best results if you develop your own trading
system. For a start, take one of the canned systems that come with Metastock
and modify it a little. Don't expect a huge improvement over the original
system; the results may worse than the original system. Keep trying and try
this out with several systems.

Most important is to be very self disciplined, keep a log of your trades,
have an exit strategy and some kind of money management.

Lionel

-----Original Message-----
From: manohohman [mailto:jackolso@xxxxxxxxxxx] 
Sent: Sunday, September 19, 2004 12:06 AM
To: Metastockusers@xxxxxxxxxxxxxxx
Subject: [Metastockusers] Re: Purcahasing a System?

Futures Truth Magazine

http://www.futurestruth.com/

Remember, none of the black box systems perform as well as the 
computer executed results when being driven by a human. Humans can't 
help adding their own judgement, emotion and personality, which 
screws everything up.

Now here's a thought. If any of these black boxes worked very well, 
every trader in every banking house in the world would be using them. 
The bankrts have thrown hundreds of millions of dollars at trying to 
find away to beat a guy with a moving average. Guess what! 


--- In Metastockusers@xxxxxxxxxxxxxxx, "bane226" <bane226@xxxx> wrote:
> I am considering purchasing a system such as Abberation, Catscan, I-
> Master, etc.. 
> 
> Does anyone have a recommendation of a system that works and you 
can 
> see the actual code?  I am curious to see how the "gurus" right 
> their systems.
> 
> If anayone has any experience with a purchased system I would like 
> to hear if it was work the effort?
> 
> Thanks.




 
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