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RE: TradeStation Precision - Summary (Pierre considering Bob not being objective and not listening)



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> -----Message d'origine-----
> De : Bengtsson, Mats [mailto:mats.bengtsson@xxxxxxxx]
> Envoyé : samedi 28 juillet 2001 15:29
> À : pierre.orphelin@xxxxxxxxxxxxxx; omega-list@xxxxxxxxxx
> Objet : RE: TradeStation Precision - Summary (Pierre considering Bob not
> being objective and not listening)
>
>
> That was one of the funniest hurmourus positings for a long time.
> Pierre is accusing Bob, who is always very helpful and knowledgable, for
beeing
> unobjective and not listening. :-)
>

This post was not a personal attack in any manner against Bob Fulks, who is
certainly one of the best and long time contributor to this list, but the
fact is  that the misunderstanding of what precision is, how it has to be
evaluated, seems to fly over the head of the majority, and this was the main
reason of my post.
And some comments make me think that here in a probably inconscient
overloading of the TRAD boat too.

> At the same time he is explaining the likelihood that the old sloppy
> Tradestation math engine is kept since the new processors that have come
> around since the dawn of the TS4 are still as sensitive to the same speed
> limitations as they were at that time. Remember the old record lable
> "listening to his masters voice...". It is a very old record... :-)
>

Technology may do all the progress that you want in the future, unless the
DJA precision will not make the same progress, any discussion on the benefit
of  extra precision is worthless and time spent for nothing.
You may wish a 128 bit computer if you want, this will not turn technical
analysis precision beyond to what the math theory expect from the precision
of the raw material: price, still limited to 4 or 5 digits.
Period.

If you do not understand the elementary maths error calculus that I used,
please ask to someone who understand it better.

Rgds
PO