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Uh, that sounds ok, but would you care to elaborate a bit ?
Why are they useless ?
> -----Original Message-----
> From: Rick Holland [mailto:rholland@xxxxxxx]
> Sent: Friday, April 07, 2000 1:05 PM
> To: M. Simms
> Subject: Re: A keltner channel system - incredible results
>
>
> T/S system reports are useless. They are so skewed that they
> have no value!
>
> Rick
>
> ----- Original Message -----
> From: M. Simms <prosys@xxxxxxxxxxxxxxxx>
> To: Phil Lane <patterntrader@xxxxxxxxxx>
> Cc: Omega-List <omega-list@xxxxxxxxxx>
> Sent: Friday, April 07, 2000 2:33 PM
> Subject: A keltner channel system - incredible results
>
>
> > Is this guy lucky or what ? Whew....78% wins !!
> > That is excellent for almost 70 trades......
> > This is a bit fishy as the dates on the report do not correspond to the
> > time-frame of the trades !!! Also note, longs vs. shorts are not
> shown......
> >
> > Omega TradeStation 2000i System Report
> > KC Collection-------March S&P500 - 5 Min---------09/13/99 - 09/24/99
> >
> > Performance Summary: ALL TRADES
> >
> > Total net profit ------- $17925.00 Open position P/L ----------- $ 0.00
> > Gross Profit ------------- $23925.00 Gross Loss --------------
> $ -6800.00
> >
> > Total # of trades ----------69 Percent Profitable --------- 78%
> > Number winning trades ---- 54 Number losing trades ---- 15
> >
> > Largest winning trade --- $1050.00 Largest losing trade --- $ -400.00
> > Average winning trade --- $443.06 Average losing trade --- $ -400.00
> > Avg trade (win & loss) --- $ 259.78
> >
> > Max consec. winners ---------- 9 Max consec. losers ------- 2
> > Avg # bars in winners -------- 2 Avg # bars in losers ------ 1
> >
> > Max intraday drawdown --- $ -1175.00
> > Profit factor ---------------- 3.99 Max # contracts held -------- 1
> > Account size required ---- $ 1175.00 Return on Account ------ 1525.83%
> >
> >
> >
> >
> >
> --------------------------------------------------------------------------
> --
> > ----
> >
> > That's nearly $18,000 profit in just 25 trading days!
> >
> > Financial experts worldwide said that January 2000 represented
> one of the
> > most volatile
> > January's in market history. So what does this amazing performance tell
> us?
> > It tells us that the KC Collection absolutely loves volatility!
> > And this is one more example that proves just how versatile and
> profitable
> > this software is -- in any market condition.
> >
> > These are the actual TradeStation 2000i calculated results of taking all
> the
> > signals with no filtering
> > (ie. The KC Method shows you how to filter out many of the losers -
> > potentially making these results
> > even more profitable!). Add costs for broker commissions and
> any slippage.
> >
> >
> >
> > Click "BACK" on your browser menu.
> >
> >
> >
> >
>
>
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