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I doubt this will put Omega Research out of business since most people
will probably not buy this argument, mainly because it ignores
practical, 'fuzzy' issues.
An introductory text to Fuzzy Logic gives an example, in the paradox of
the heap. Take a grain of sand from a heap and you still have a heap.
Take another grain from it, and it remains a heap, and so on. Eventually
one grain is left. Is it still a heap? If not,when did it cease being
one?
I think that to say system trading is a myth is like saying the heap
never existed in the first place.
(apologies to list members who want to see this thread dry up and blow
away).
Monte
The Omega Man wrote:
<snip>
System trading is a myth!
The whole game is position sizing/money management! The entries and
exits
are going to be completely discretionary no matter what "system" you
*think*
you are trading. In reality, no "system" can really be traded due to
the
factors listed above!
You want an argument, a real argument, that puts Omega Research out of
business? There it is.
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