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Re: omega-digest Digest V98 #349



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trading recipes was around before back testing became the vogue. It allows
traders to backtest an entire portfoliol I am trying to track down the
developer. He is now trading a huge hedge fund.
He never marketed his product with the same guts, glitter, and guile as my
good buddy Howard at Omega...but the product does not require you to learn
an entire language that is useless outside backtesting.
-----Original Message-----
From: Timothy Morge <tmorge@xxxxxxxxxxxxxxx>
To: Neal T. Weintraub <thevindicator@xxxxxxxxxxx>
Cc: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>; Phil Lane
<logical@xxxxxxxxxxxxx>
Date: Tuesday, July 21, 1998 5:44 AM
Subject: Re: omega-digest Digest V98 #349


>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
>> >
>> >
>> >