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Re: Trading Systems



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>>You show me **any** system, and I will show you a system that can and will 
>>fail.

Prosper<<

My point is after 30 years, and a few hundred million,
who cares if it fails? Then again, your right: I'm sure
in 10,000 years they might have to tweak the system.....
Maybe they tweaked the systems in the last 30 years.
You win.

BW



>From: "Prosper" <brente@xxxxxxxxxxxx>
>To: "Bill Wynne" <tradewynne@xxxxxxxxxxx>, <cwest@xxxxxxxxxxxx>,        
><omega-list@xxxxxxxxxx>
>Subject: Re: Trading Systems
>Date: Sun, 29 Apr 2001 12:21:47 -0600
>
>Hmmm...at least two names (system traders) in that top ten have been
>around
>about 30 years...maybe they'll fail in the next 30...
>
>How many assumptions are there in this short answer. Did they use TS for
>thier signals? Did they use the exact same system for 30 years? Did they
>trade it 100% according to the signals? Do you even know for certain
>that the published results are true?
>
>The point is that you can't possibily know, and time is on my side even
>if it takes 50, 100 or 10000 years or more. But again, please do use
>that system!
>
>Prosper
>
>
>