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Wow - thanks for pointing that out.....Dennis....
I feel pretty stupid even mentioning it.......I should have looked more
closely at the results.
> -----Original Message-----
> From: Dennis Holverstott [mailto:dennis@xxxxxxxxxx]
> Sent: Friday, April 07, 2000 1:03 PM
> To: Omega List
> Subject: Re: A keltner channel system - incredible results
>
>
> Ah, I see the Krieger marketing machine is still alive and well. :-)
>
> > March S&P500 - 5 Min
> > Average winning trade --- $443.06
> > Average losing trade --- $ -400.00
> > Avg trade (win & loss) --- $ 259.78
> > Avg # bars in winners -------- 2
> > Avg # bars in losers ------ 1
>
> Astute system traders will have no problem seeing the fallacy in those
> numbers. No doubt he's using the built-in stops (problem 1 - # bars in
> losers = 1) and his average trade is one SP point (problem 2). Subtract
> reasonable slippage and commission from the average trade and you
> get..... To quote Monty Python, "run away, run away."
>
> --
> Dennis
>
>
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