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Martin,
I really am disappointed. I presented a fully disclosed system with NO
TRADING LOSSES at all and all I got was one email complaining that I did not
have any current signals. RBS is password protected and my simple system is
fully disclosed. All a TRADER needs is PATIENCE and a time machine to place
the trades.
I do agree with you that backtesting is no holy grail and may well not be in
the best interests of a trader in terms of developing your trading skills.
Probably the best to be said of backtesting is it may give you some idea of
the probability of a series of trades making money provided you actually
execute the trades in a manner consistent with the backtest. The last part
is not that easy to do for most traders so it pretty much invalidates the
backtesting effort. Also, the limitation of the standard Metastock
backtester do not give very realistic results especially at the portfolio
level.
-----Original Message-----
From: equismetastock@xxxxxxxxxxxxxxx [mailto:equismetastock@xxxxxxxxxxxxxxx]
On Behalf Of martinb@xxxxxxxxxxxxxxx
Sent: Tuesday, February 13, 2007 5:51 PM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: RE: [EquisMetaStock Group] Re: RBS system
Holy Crap this is worse than junk mail
How come all these groups are the same. One person seems to hog the friggin
conversation by default or design. People. Listen up, learn to trade not
learn to back test. That whole cycle is keeping you back, like learning
accounting could keep you from saving money. Bad analogy probably but I
think it makes my point.
Martin Blain
<http://www.saddleworx.com/> http://www.saddleworx.com
<http://www.martinblain.com/> http://www.martinblain.com
_____
From: equismetastock@xxxxxxxxxxxxxxx [mailto:equismetastock@xxxxxxxxxxxxxxx]
On Behalf Of Jose Silva
Sent: Sunday, February 11, 2007 4:56 PM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group] Re: RBS system
There is no Zig-Zag or related functions in the Ramona Bands, John.
Just some sleight of hand... ;)
jose '-)
http://www.metastoc <http://www.metastocktools.com> ktools.com
--- In equismetastock@ <mailto:equismetastock%40yahoogroups.com>
yahoogroups.com, "John
Smith" <olivier.sprumont@xxx> wrote:
>
> Hi Lionel Issen. What would the joke be ?
>
> I backtested Ramona Band Strategy with the Enhanced System Tester and the
> results are incredible. This system beats all the built-in systems in
> metastock, all the Trade Oracle Systems and many more from different
> add-ons or plugins like Power Pivot or Performance System Plus.
>
> Is there a trick somewhere ? Please share your knowledge with us !
> I know that this Koh-Pha-Ngan thing sounds like a bit too much, but the
> system works very well and that's all that's important to me.
>
> I don't think there's a trick anywhere ! This system will bring me
> pizzas because it can make me earn money.
>
> But if there's some kind of trick with the RBS Strategy please tell us.
> It might be using this zig-zag function that cheats.
>
> Have anyone here tested it ?
>
>
>
> On 2/11/07, Lionel Issen <lissen@xxx> wrote:
>
> Didn't Jose clearly say up front that this was a joke?
>
> Lionel
[Non-text portions of this message have been removed]
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