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At 02:34 PM 11/12/98 +0000, you wrote:
>Has anyone tried any of Bruce Babcocks trading systems.. especially
>his volatility versions..?? thanks
>
>
I did purchase some of Babcock's $15-$25 systems a few years ago, but not
the more expensive ones that he sold. At the time I was just getting
involved in the business and kept hearing about people developing systems,
and I did not have a clue as how to go about this. I do not trade the
systems I bought; however I believe they were valuable in learning how to
create and write rules to develop a mechanical trading system and therefore
worth the money. Also it helped my EL learning in trying to put them into
code. My results were typically different than his, but usually profitable
if my memory serves me correctly. Again, I believe the real value of his
systems is learning how to develop rules for your own systems which you
believe in. I might suggest just buying the cheap ones if learning how to
create and develop systems is what you are looking to do. I hope this
information is helpful to you. Good Trading.
Chris Ridder
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