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While we're on this subject, I'm a new member on this list, and one who has
gravitated from a daytrading mentality to a systems "swing" approach in
order to more rigurously and scientifically backtest all the "descretions"
that I've collected these years.
Long story short: My success as a daytrader was greatly enhanced by not
having to "reinvent the wheel". I got involved with a great many daytraders
who were willing to add to my initial knowledge base, and who now claim
(with all due modesty) that I was able to substantially add back to the
accumulated database.
In this same vein, I have observed quite a few very experienced and
intelligent systems users/designers in this list.
May I be so bold as to solicit perhaps some direct responses to this email
to better point me to what you as individuals and/or as a group have found
to be the more successful approaches/philosophies?
I've already devoured several systems texts, including "The Ultimate Trading
Guide" by the Futures Truth authors, which I've found very enlightening.
With all respect and many thanks.
Gene
----- Original Message -----
From: "Carlos" <cjcan@xxxxxxxxxxxxx>
To: "Don Roos" <rosewood@xxxxxxxxxxxx>
Cc: "Omega-List" <omega-list@xxxxxxxxxx>
Sent: Saturday, April 28, 2001 8:45 PM
Subject: RE: Trading Systems
> Well Said. I can't imagine any trader being successful without using a
> systematic approach. Yes, systems blowup. Yes, systems go through long
draw
> downs. Buy they are tools. Any tool that is used in the wrong situation
will
> not work properly. The art of trading is knowing what tool to apply for
the
> current situation.
> Cordially,
> CJ, Carlos
>
> -----Original Message-----
> From: Don Roos [mailto:rosewood@xxxxxxxxxxxx]
> Sent: Saturday, April 28, 2001 2:27 PM
> To: Prosper; Omega List
> Subject: Re: Trading Systems
>
> Prosper:
>
> Thank you for your dogma. I will keep it under advisement in a special
file
> I use frequently. The only problem is that my file frequently is found
> empty, so needs repeated filling.
>
> I suspect such a dogmatic statement has to be written by one burned
severely
> by blown systems. One does not recover easily from that trauma, but just
> because I may have suffered a trauma from slipping on a banana peeling
does
> not mean that all bananas are bad. However, I am sure any manner of
> attempts at convincing you of the value of a systematic approach would
fall
> on deaf ears, so I will not waste my time further. I did not want your
> statement to go unanswered for the sake of other hopeful seekers that may
> find excellent and viable systems whether you believe that to be possible
or
> not.
>
> Don
>
> ----- Original Message -----
> From: "Prosper" <brente@xxxxxxxxxxxx>
> To: "Omega List" <omega-list@xxxxxxxxxx>
> Sent: Saturday, April 28, 2001 3:31 PM
> Subject: re: Trading Systems
>
>
> You show me any system, and I will show you a system that can and will
> fail.
>
> Prosper
>
>
>
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