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Wondered where you were PO.
previous post today::::::::
Well I went and got my manual out and read page 354 and 355. I can't find
one single word about how TS handles historical data being unreliable. Fact
is they say that they have done EXTENSIVE RESEARCH and established a
general rule about the chronological order in which ticks occur. After
reading this your left the assumption that Omega has considered this and
taking care of the problem through it's software programing. Omega has not
in any way admitted this to be a major concern with considering trading
test results.
Robert
At 11:02 PM 9/20/1999 +0200, pierre.orphelin wrote:
>
>----- Message d'origine -----
>De : Robert W Cummings <robert.cummings@xxxxxxxxxxxxxxxx>
>À : <TradingSys@xxxxxxx>
>Cc : <omega-list@xxxxxxxxxx>
>Envoyé : lundi 20 septembre 1999 20:20
>Objet : Re: Trailing stops are invalid
>
>
>> Yes I agree that traders should be responsible for their losses. Adults are
>> adults and should take responsibility for every part of their life. Problem
>> with this trailing stop business is it not known to the average lay person.
>> It took people like Mark Brown to point this out to me and others on this
>> list. Omega has known about this situation for a longtime yet do not
>> disclose it to the public. A guy that buys Omega's software does the
>> testing using trailing stops and figures the results are reliable. Using
>> this information to trade real money and not being told about this flaw
>> could cost him a lot of money. Also it opens the door for scum like Jake to
>> profit from the same flaw by using it to get extreme trading results from
>> systems he sells. Okay Omega knows this, has known this for many years and
>> refuses to acknowledge it. Omission is no different than lying and
>> fraudulent. I think Omega should be held accountable for not disclosing
>> this serious flaw. Can't expect people to take responsibility for things
>> they do not know because their not told. Test your trading ideas without
>> risking a dime right?
>>
>> Robert
>>
>
>May I suggest that you read the user manual, or at least the TS4 online
manual under the section:
>UNDERSTANDING HOW TRADESTATION SIMULATES MARKET ACTIVITY WITH HISTORICAL
DATA.
>
>The keyword above in *understanding*
>
>Good reading.
>
>PO
>
>
>
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