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PureBytes Links
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Thanks for the info.
I did not remember before who from Dowling or Chalek was claiming to have his
code stolen in the past.
Anyway, I'll repeat again what I said before:
Never buy a blackbox trading system if you are not able to test it for free.
Any $99.95 one month test drive may yield to a hype operation ($99.95 X N = a
lot of $ if N >= enough).
Discounting the Test drive price could also be a hype operation, because no
refund exists to the victims that found the system not profitable during the
test drive period.
Those who upgrade to the full version only risk to have paid more if the
system do not behave well in the future.
For them, it wil be too late if the black box has been overoptimised and still
worked by chance during the test drive period.
There is no valid reason to provide a test drive for fee as it's possible to
do it for FREE from any Internet web site.
The cost is NOTHING to the developer, with the exception of his fairness.
The protection issue is even not a valid one as I cannot see what the so
called $99.95 disk (+ shipping!) can bring as protection to the developer whe
comparing to the same file downlad through the Internet, provided that
anything unbreakable do not exists if you put enough money on the table (apply
to disk or downloaded file).
This stupid possibility to sell trading systems without any control yielded to
more stupid behaviour from the Starr Country authorities: You need to be a CTA
to be able to sell trading systems there.
What a joke!
Being a CTA does not provide any guarantee that you will not be unable to
produce hype trading systems: You do not even need to be unfair to succeed in
it: Suffice that you apply the lack of backtesting on huge data series that is
still the common rule in the industry. You can even become a hype provider,
CTA stamped, even by not knwowing what you are really doing (misleading
themselve is easier than you think- I have seen a lot of developers who really
believed that they had found the Holy Grail).
The stupidity has been achieved even before with the mandatory warning enfored
by the SEC (or probably the CFTC) on any ad: Trading could be dangerous to
your account. Past performance blah blah blah.
There are still a lot of things to do in this domain :
Write on any road at any place: Croosing may be dangerous if you are not an
elephant (adult).
In any car: Reading what is written on the road when driving could be
dangerous.
On any egg : This one could have been laid by an uneducated dirty hen.
On any plug : to not put your fingers there and do not use a snail fork with
it
On any computer : Do not heavily hammer on the screen when reading this
message. The error came from AOL.
On any CTA : This person may also produce some serious losses to your
account.
On any broker's door : Whatever you may do with us, we make 100% winning
trades with you.
If you want more ideas , please let me know: I secretly act for the printing
industry.
A serious question for ending:
Trading systems provided in a computer form are supposed to be scientifically
written (otherwise, they will not work...). They could be scientifically
tested. They MIGHT.
A general admitted process in the scientific community is the ability to
others to reproduce the same results by different people acting under the
same experimental condition.
Why the trading system industry is not able to cope with this sounding
protocol that was the only one to human civilization to awake from the night
of obscurancy?
Why must we rely on FutureTruth or on a CTA exam to have the proof of the
validity of the system ?
Or nonsense among the nonsenses, to rely on a track record to validate when
dozens years of data are necessary to seriously validate a daily trading
system !!!
Are they better than Physics and chemistry engineers, university researchers,
or medecine graduates that all follow the mandatory cartesian rule in all of
their daily work?
Or is there something wrong that they do not want to let us know ?
All from a basket of crabs, as we use to say in France.
And an unrelated to Omega software thread, useless to say.
Sincerely,
-Pierre Orphelin
Fresh seafood amateur.
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