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Ron:
Thanks for shouting. I was trying to be helpful.
I'll just go back to trading for a living.
Tim Morge
Ron wrote:
> Hey,
>
> I KNOW ITS THE DATA.
>
> Thanks
>
> ----- Original Message -----
> From: "Timothy Morge" <tmorge@xxxxxxxxxxxxxxx>
> To: "Ron" <ron560@xxxxxxxxxxx>
> Cc: "Omega List" <omega-list@xxxxxxxxxx>
> Sent: Tuesday, July 11, 2000 1:57 PM
> Subject: Re: DATA Discrepency BE AFRAID!!!
>
> > Read the post I sent again. The difference is in that 5 percent difference
> of
> > the data streams. You will be amazed--if you do the work by hand with a
> > spreadsheet--what one tick here and there will do on indicators.
> >
> > It isn't the indicators--it's the data differences.
> >
> > I am not suggesting you become a discretion trader. I am suggesting you
> should
> > tear into the two data streams and see exactly what is different. The
> choose
> > one.
> >
> > Tim Morge
> >
> > Ron wrote:
> >
> > > Please read the email again!
> > >
> > > JeRRyWar Yes everything is exactlly the same on both TS machines. Other
> than
> > > the data off course!!!!!
> > >
> > > >Timothy Morge:
> > > >Trading in the currency and S&P
> > > >pits for any period of time there will give you a better feel for the
> > > 'noise'
> > > >contained in the data most of us use.
> > >
> > > I leave the feel factor to others on this list who are super humans with
> > > amazing sixth feel sences. No Thanks.
> > >
> > > >You'll have to watch both data streams with your
> > > >indicator and then choose which you trust and which is successful. This
> may
> > > be
> > > >the lesson that shows you just how subjective most indicators are.
> > >
> > > Dont use indicators but love to play with them. And I am a system trader
> so
> > > I cant watch two feeds and would rather not trust anything other than my
> > > fish keeping his mouth shout at all times.
> > >
> > > ----- Original Message -----
> > > From: "JeRRyWar" <drwar@xxxxxxxxxxxx>
> > > To: "'Ron'" <ron560@xxxxxxxxxxx>; "'Omega List'" <omega-list@xxxxxxxxxx>
> > > Sent: Tuesday, July 11, 2000 1:20 PM
> > > Subject: RE: DATA Discrepency BE AFRAID!!!
> > >
> > > > The difference most likely lies in the difference between the two
> > > stochastic
> > > > indicators and not the data. Try exporting the Quote.com data into
> your
> > > > other program and then compare.
> > > >
> > > > -----Original Message-----
> > > > From: Ron [mailto:ron560@xxxxxxxxxxx]
> > > > Sent: Tuesday, July 11, 2000 1:17 PM
> > > > To: Omega List
> > > > Subject: DATA Discrepency BE AFRAID!!!
> > > >
> > > >
> > > > Please consider the following example:
> > > >
> > > > DTN Feed_IBM 60min_Stochastic Crossover
> > > > A crossover buy is generated using DTN data.
> > > >
> > > > Quote.com Feed_IBM 60min_Stochastic No Crossover
> > > > No crossover in Quote.com data using same stochastic parameters.
> > > >
> > > > What do you do? Both feeds have been working fine all day and tick
> counts
> > > > are within 95% of each other but obviously there is a discrepancy in
> the
> > > > data between the two feds. Its very hard to get to independent feed to
> > > match
> > > > data exactly, especially on the lower time frames.
> > > >
> > > > Since no two feed are the same does it make sence to test systems on
> one
> > > > data source and trade it using another. No matter how reliable your
> data
> > > > source is for historical data there is no guarantee that your real
> time
> > > data
> > > > matches the intrinsic characteristics of your historical data source.
> > > Infact
> > > > most often the performances will NOT be the same for the same system.
> This
> > > > highly limits the type of systems that can be traded in real-time and
> > > tested
> > > > historically. SO BE AFRAID!!!
> > > >
> > > > This data problem has been bugging me for a long time and unless you
> have
> > > > direct feeds from exchanges and full control over the data
> distribution
> > > and
> > > > filtering process you may be trading based on artificially adjusted
> data.
> > > >
> > > > So where do you draw the line.
> > > >
> > > > All comments appreciated. Thanks
> > > >
> > > >
> >
> >
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