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Re: omega-digest Digest V98 #349



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Neal:

Elaborate on Trading recipes, please?

Tim Morge

Neal T. Weintraub wrote:
> 
> I know what you mean.
> I guess I must  ask what you trade Stocks or Futures?
> Omega is not needed to back test your ideas. Traders use Visual Basic or
> common software.
> 
> Try Trading Recipes...
> -----Original Message-----
> From: Phil Lane <logical@xxxxxxxxxxxxx>
> To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
> Date: Monday, July 20, 1998 3:11 PM
> Subject: Re: omega-digest Digest V98 #349
> 
> >>Maybe I can raise a very different point here - when trading 100% based on
> a
> >>system, I find the emotional stress to take a trade and make the decison
> >to be
> >>gone and its much easier (for me) to trade than to decide intuitively all
> >the time -
> >>anybody similar ?
> >>
> >>Ofcourse this only works on systems I know and I have tested and I believe
> >in -
> >>so I somehow "KNOW" what to expect,,,,,,,,,,
> >
> >Right on!
> >I prefer to use (and eternally search for additional) specific trading
> >rules that can survive the test of history. This way you can estimate the
> >odds. You don't necessarily need TS to do the research, but it's helpful.
> >Personally I hope a less obnoxious company will come out with a better
> >product. Or if all else fails you could draw charts on paper bags etc...
> >
> >Phil
> >
> >
> >