|
Group,
I trade ten stocks mechanically. Each of
these has a single stock futures contract associated with it. This
provides 5:1 leverage (20% margin requirement). The method that I use is
described in the power point presentation that I forwarded to the group
("six-pack").
This ten issues universe consist of issues that
have demonstrated orderly supply and demand (somewhat subjective). They
are: TYC; CEPH; BRCM; JBLU; PD; BIIB; SYMC; LLTC; SBUX; GS
Each quarter I reevaluate the
universe.
Attached are issues that closed or opened Friday
and an issue that is closing on Monday. Featured on some of the
charts are my modification of Tim Tillson's T3's (TASC January 1998).
Is anyone on the forum using Tim's adaptive moving
averages? If not, you should! They are the best of the bunch.
Forget Jurik's work or Perry Kaufman's adaptive....the T3's "rule" (in many
different ways). Tim has granted me permission to distribute the article
he wrote for Technical Analysis of Stocks and Commodities. I also
(somewhere) have the power point presentations that we offered when we presented
his work to the DTG (about six months ago).
Tim's research and trading partner is Dave
Chamness. Fort Collins, CO. has a group of engineers (Agilent and HP
mostly) that meet twice a month to discuss technical and mechanical
trading. Dave created a power-point presentation on
over/under-optimizing. He made this two-hour presentation, to the
DTG, about eight months ago. If anyone is interested, I would be glad
to sent that ppt (also). Dave retired six months ago and trades full time
(I think he's in his early forties).
Take care,
Steve
----- Original Message -----
Sent: Saturday, December 04, 2004 3:12
AM
Subject: [Metastockusers] Re: free means
no $
Steve, talk is cheap.
"If the four dozen
metastock users..."
"Ask any of them when they all show up next
week"
"Go to this website, go to that forum..."
For someone that has
been around since the dawn of PCs, you are
showing a distinct lack of
maturity.
You seem to go on harping about this or that achievement,
about
rubbing shoulders with other "educators", but I see very little
substance behind any of your hype or grandstanding.
Perhaps you should
let your own work do the talking.
As for attacking my personal
trading record, part of it (ASX stock
trading) has been posted live over
the last 4 years, and it has never
missed a beat.
http://users.bigpond.com/prominex/pegasus.htm
Furthermore,
I'm not the least interested in proving anything to you.
Since I'm not out
to sell pay sites, tips, etc, my trading record is
not important in this
regard. My proven record lies in the useful MS
tools I've coded
(including fixing your own attempt at immortalizing
your name), and I
don't wish to be judged on any other merits.
Lastly, being a full-time
trader and programmer, I simply don't have
the free time available to
continue on this subject, so this is my
last say on this matter. If
I have made just 10% of readers of this
post aware of your real wares,
then my job is done.
jose '-)
--- In
Metastockusers@xxxxxxxxxxxxxxx, "CedarCreekTrading" <kernish@xx
..>
wrote:
> Jose,
>
> You sure didn't look far. How about
looking at a few of your
> countrymen's sites that "borrowed" a
butt-load of my stuff:
> Paritech and Guppy? Do you know
Rick or Daryl? Give 'em my
> regards next time you see
them.
>
> I'll always allow my certified track record to speak for
itself.
> If you insist of nitpicking my code writing abilty...you
win.
> I'm a complete code dolt. But, that's a good thing.
The best code
> writers I know (double and triple-degreed engineers),
are also the
> worst traders I know. God giveth and god taketh
away.
>
> In the attachment that I sent to the forum, I have
offered six
formulae that are profitable in real time (providing you
implement the
proper rules). How can you possibly argue the
effectiveness of this
system? Maybe I should encourage the four
dozen metastock users, who
hang in my room, to join this forum.
Won't it be fun when they start
to explain their day to day trading, using
MS, and my formulas. They
will all make full disclosure about:
favorite approaches, among the
six-pack, and post their daily
profits/losses. Just think, Jose, you
can criticize these people for being
successful traders using my work.
Ask any of them when they all show up
next week: Did Steve ever
charge you for a formula or
system?
>
> I am dying to know one thing: Do you have any
documented trading
statements and would you be willing to share your
system and track
record? I can't wait to see it. Also, do you
promise to be nice to
all the new MS users the forum will be hosting next
week (I can cause
a crowd to gather)? I'm sure, they will all find
your comments
amusing.
>
>
> Take care,
>
>
Steve
>
> ----- Original Message -----
> From: Jose
>
To: Metastockusers@xxxxxxxxxxxxxxx
> Sent: Friday, December 03, 2004
5:44 PM
> Subject: [Metastockusers] free means no
$
>
>
> Well, Steve old boy, I've searched far and wide, and
I can't seem to
> find much of your work available for free. I've
found a lot of hype
> though.
>
>
> Your site:
>
http://www.thedailytrade.com/
>
>
PaySite.
>
>
> "Check out the Denver Trading Group:
>
http://www.denvertradinggroup.com/
the largest trading group in the
world."
>
>
PaySite.
>
>
> "All I'm saying is that nobody has to pay
anything for indicators or
> trading systems."
>
> You don't
need to say that here because... this is *not* a
PaySite.
>
>
> "BTW, check out all the promotional goodies
that Equis sends out to
> their prospective clients (the video).
Recognize any of the
frontmen/
> women?
>
> Yes, a
freebie - but somehow I doubt this self-promotional video is
> going to
help anyone improve their trading.
>
>
> "I give it all away
... for free."
>
> Ok, let's take a look at this little free gem,
a simple variation of
> Standard Deviation histogram, with your name
attached to it.
>
> {Bollinger Band Histogram Karnish}
>
((C+2*Std(C,20) - Mov(C,20,S)) / (4*Std(C,20)))*4 - 2
>
> For
someone that preaches simplicity, it beats me why you've
cluttered
>
up the MS code with unnecessary complexity:
>
(C+Std(C,20)-Mov(C,20,S))/Std(C,20)-1
>
> Creating useful
indicators is not about making them more complex,
but
> more useful
to the potential trader.
> The oscillator above could be improved a tad
by introducing
adjustable
> inputs (not everyone trades the same
style), a more "natural" -
> 100~+100% range (allows direct comparisons
between different charts)
,
> and self-adjusting overbought/oversold
levels (not every chart has
the
> same volatility & trend
characteristics):
>
> ---8<----------------------
>
pds:=Input("Std Dev periods",1,252,20);
>
>
x:=(C+Std(C,pds)-Mov(C,pds,S))/Std(C,pds)-1;
>
Osc:=(x-Lowest(x))
>
/(Highest(x)-Lowest(x)+.000001)*100;
>
>
avg:=Cum(Osc)/Cum(IsDefined(Osc));
> pk:=Ref(Osc,-1)=HHV(Osc,3)
>
AND Ref(Osc,-1)>avg;
> pkv:=ValueWhen(1,pk,Ref(Osc,-1));
>
Osold:=Cum(pkv)/Cum(IsDefined(pkv));
>
>
tr:=Ref(Osc,-1)=LLV(Osc,3)
> AND Ref(Osc,-1)<avg;
>
trv:=ValueWhen(1,tr,Ref(Osc,-1));
>
Obought:=Cum(trv)/Cum(IsDefined(trv));
>
>
Osold;Obought;Osc
> ---8<----------------------
>
>
Personally from a trader's point of view, I see nothing
exceptionally
> helpful about this choppy oscillator. I doubt
you need to worry
about
> this one being hijacked by the black box
brigade.
>
> The point here is, that code at this level of
simplicity should be
> freely available, and not hidden behind
paysites.
>
>
> Steve, prior to your hijacking of this
thread for your own self-
> promotion, a very useful site that has
useful MS code freely
available
> was mentioned. No password
or subscription is needed to obtain any
of
> the very useful
indicators there, and it just happens that the
site's
> owner has
most likely given away more "free stuff" and more of his
> time, than
everyone else put together in this usergroup.
>
> MetaStock Tips
& Tricks - Free stuff, no promotional videos, and a
> very useful
monthly MetaStock newsletter.
> http://www.metastocktips.co.nz/
>
>
>
jose '-)
>
>
>
>
> --- In
Metastockusers@xxxxxxxxxxxxxxx, "CedarCreekTrading"
<kernish@xx
>
..> wrote:
> Jose,
>
> The difference is that all my work
is given away for FREE.
> Check out the Denver Trading Group:
> http://www.denvertradinggroup.com/
>
the largest trading group in the world.
>
> Every month, for the
last three years, I am the moderator of the
> mechanical SIG group
(100+, every fourth Thursday). Each and every
> month, there is a
powerpoint presentation that is archived at the
DTG
> site.
Every month, I present a mechanical system that I trade
"live"
> in
real time. The Mirus E-Mini track record is just a small part of
>
the overall trading program (but, it is a system with absolutely no
>
custom indicators and of course, dozens of people have printed these
>
trades in their accounts). Also, we advise institutions
and
> brokerage houses around the globe. You ought to tune into
the
"live"
> twenty minute morning update.
>
> All I'm
saying is that nobody has to pay anything for indicators or
> trading
systems. I give it all away ... for free. I know that
pisses
> off charlatans and system hustlers...but so be it. I
don't put you
in
> that category Jose. But, before anyone buys
anything, from anybody,
> they should investigate what is around ....
for free.
>
> BTW, check out all the promotional goodies that
Equis sends out to
> their prospective clients (the video).
Recognize any of the
frontmen/
> women? Damn, one of those
guys is sure good looking (and I ain't
> talking about Oliver or
Bob).
>
> Take care,
>
> Steve
>
> -----
Original Message -----
> From: Jose
> To:
Metastockusers@xxxxxxxxxxxxxxx
> Sent: Friday, December 03, 2004 9:28
AM
> Subject: [Metastockusers] Re: Xmas is here
early
>
>
>
> Steve,
>
> "Since these
unsolicited, solicitations keep showing up in my
>
mailbox..."
>
> You'd better direct my mail to your spam box,
because I'm unlikely
> to stop at this one. The trader's
educational market is rife with
> scams, and it is highly unusual to
find genuinely useful material,
> free or
otherwise.
>
>
> "First of all, I've been using MS since
1988 and have developed very
> simple approaches to the market.
NOT TOOLS, simple approaches based
> on STANDARD pulldown
indicators."
>
> No tools. Good for you.
> But perhaps
you are in the wrong usergroup.
>
>
> "Using the Chande
Momentum Oscillator..."
>
> This could be considered a trading
tool, and so could MetaStock.
>
>
> " http://www.thedailytrade.com/
"
> "Daily Trade subscribers start each day with our Morning
Market
> Update and Morning Market Call - indispensable tools that
help
> investors set their daily, short, intermediate and long term
market
> biases."
>
> Oh, so you do use TOOLS...
<:-I
>
>
> " http://www.mirusfutures.com/cct_log.asp#041130
"
>
> Looks like a tips sheet to me.
> I guess no trading
tools needed here.
>
>
> "Nobody is using MetaStock with the
stealth precision that is
> practiced by the group of traders we have
gathered."
>
> Pfff... :D
>
>
> "If you
want to experience a "out-of-body" trading experience....
> join us in
our hotcomm room: Teach Talk Trade."
>
> Thanks, but I'd
prefer to keep my feet firmly on the ground for now.
>
>
>
jose '-)
>
>
>
> --- In
Metastockusers@xxxxxxxxxxxxxxx, "CedarCreekTrading"
>
<kernish@xxxx> wrote:
> Jose,
>
> Since these
unsolicited, solicitations keep showing up in my
> mailbox...I guess
this forum is open to "suggestions" on how to
> spend your hard earned
cash.
>
> First of all, I've been using MS since 1988 and have
developed very
> simple approaches to the market. NOT TOOLS,
simple approaches based
> on STANDARD pulldown indicators. Using
the Chande Momentum
> Oscillator I have been trading for dozens of
people and the ACTUAL
> track record is at:
>
> http://www.mirusfutures.com/cct_log.asp#041130
>
>
If you seek a place where the majority of the people use and
> exchange
information about MetaStock...I would check out:
>
> http://www.thedailytrade.com/
>
>
If you want to experience a "out-of-body" trading experience....
> join
us in our hotcomm room: Teach Talk Trade.
>
> Nobody is
using MetaStock with the stealth precision that is
> practiced by the
group of traders we have gathered.
>
> Take care,
>
>
Steve
>
> ----- Original Message -----
> From: Jose
>
To: Metastockusers@xxxxxxxxxxxxxxx
> Sent: Friday, December 03, 2004
7:38 AM
> Subject: [Metastockusers] Xmas is here early
>
>
I've just had the privilege of previewing a pre-release version of
> the
December issue of Roy's MetaStock Tips & Tricks newsletter, and
> if
you are a subscriber, you are in for a nice surprise.
>
> In my
view, this is the best issue yet published, with articles on
> the
System Tester, user-input Explorations, and more.
> A new set of
articles on filtering relative strength explorations by
> a professional
trader puts the icing on the cake.
>
> I better not say much more,
except that I have no financial
> connection to Roy's newsletter.
Apologies to Roy for "jumping the
> gun", but it's not often that I get
excited by educational material
> (of the highest calibre in this
case).
>
> If you haven't been here yet, now is your
chance:
> http://www.metastocktips.co.nz/
>
>
>
jose '-)
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