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At 01:47 PM 10/8/1999 -0700, Dave DeLuca wrote:
>> All one needs to do is add some contracts to Chuck's
>systems then you'll
>> think there aggressive. I could take his systems and start
>a CTA deal if I
>> wanted. The fact his systems don't trade much is really
>key to there
>> success that and the longer time frames. If I wanted a
>system his would be the only one I
>> would buy.
>
That's a valid point but Chuck doesn't try to hide this fact. The key word
your using is not long only but SOME. He has many that trade both long and
short. Chuck again points out the short side is not as profitable as the
long side when that's the case. As far as uni-directional market system he
has one tested over 10 years with 84% profitable results in the S&P. I
think you bring up some goods points concerning systems characteristics
Dave but Chuck covers all that in the his website descriptions for each
system. Chuck doesn't want anybody to buy a system from him without full
knowledge of it's strengths and weaknesses. I have not bought a systems
from him yet nor do I get anything for saying good stuff about him.
Robert
>One thing you should understand is that some of the systems
>on LeBeau's website are LONG ONLY.
>
>If you have a good reason for creating a uni-directional
>system like trying to capture some specific market pattern
>then I suppose that's OK. But if it's a long only system
>because you know the data you are testing it on has trended
>higher thoroughout the test period, then you are using 100%
>hindsight to curve-fit the results.
>
>Dave
>
>
>
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