|
PureBytes Links
Trading Reference Links
|
Horst,
| I would also direct
| the focus to such legends like Richard Dennis, John Henry and Mr.
| Niederhoffer! As the facts indicate, trading success was, and is, not
| always a permanent condition with any trader
If you look at the performance numbers to 30 June Richard Dennis is up 37%
for the 6 months to 30 June. This is despite Trend Followers probably
having their worst year ever. Maybe Rich Dennis has become a range trader
-but he is definitely in there plugging away.
Every trader has their cycle of good bad and ugly periods. Some are just
more publicly spectacular!!!
David Hunt
http://adest.com.au
----------
| From: horstm@xxxxxxxxx
| To: Omega-list@xxxxxxxxxx
| Subject: Mr. J. Welles Wilder, some 20 years ago...
| Date: Sunday, August 02, 1998 12:53 PM
|
| <smaller>Mr. J. Welles Wilder, some 20 years ago,
|
| wrote a book "New Concepts in Technical Trading Systems"
|
| Anybody using software/systems with names such as:
|
| * Parabolic System
|
| * Directional Movement System (ADX-DM+DM-)
|
| * Volatility System
|
| * Relative Strength System (RSI)
|
| is using Wilder's work, knowingly or unknowingly.
|
| It is even included free in some of Omega's Software today,
|
| and perhaps used by members of this list.
|
| I am not sure whether Mr. Wilder ever received any thanks
|
| for releasing these classics into the public domain.
|
| With respect to Mr. Wilder's ancient CTA performance, I would also direct
| the focus to such legends like Richard Dennis, John Henry and Mr.
| Niederhoffer! As the facts indicate, trading success was, and is, not
| always a permanent condition with any trader
|
| Horst Moehrke cta
|
| San Diego-
|
|
| <nofill>
|
|