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Now, "John," you wouldn't want to actually work on it would you?
> Welfare State mentality: you are given $1000, but you are angry
> because you think you deserve $2000 (or more).
*** Isn't that the sad, all-too-prevalent truth.
Bob
----- Original Message -----
From: "Bill Wynne" <tradewynne@xxxxxxxxxxx>
To: <full_oddball_disclosure@xxxxxxxxxxx>; <omega-list@xxxxxxxxxx>
Sent: Wednesday, February 13, 2002 9:09 AM
Subject: Re: Amazing, Incredible OddBall version performance ?
> >From: "John simmonds" <full_oddball_disclosure@xxxxxxxxxxx>
>
> Don't you find it a bit ironic "John," that you demand "full
> disclosure" and "honesty" and urge others to "not hold back,"
> while using an alias that's never been seen on this list?
>
> MB said: "the good thing is that you too can work upon improving
> it, it can be improved."
>
> Now, "John," you wouldn't want to actually work on it would you?
> Welfare State mentality: you are given $1000, but you are angry
> because you think you deserve $2000 (or more).
>
> BW
>
> >From: "John simmonds" <full_oddball_disclosure@xxxxxxxxxxx>
> >To: omega-list@xxxxxxxxxx
> >Subject: Amazing, Incredible OddBall version performance ?
> >Date: Wed, 13 Feb 2002 00:24:28 +0000
> >
> >
> >
> >To all the Omega-list: Your comments and observations as to how anybody
> >could get such a high level of performance out of an OddBall type system
> >are
> >appreciated. I'm a pretty straightforward guy, - - - I only seek the
truth.
> >I have not changed any numbers; all of this is exactly the same as I
> >received it. I have changed ISP's since October, but this has no bearing
on
> >the facts. I include the email headers so there will be no dispute as to
> >the
> >origin of these 2 messages.
> >
> >I appeal to the list members: Can somebody figure this out, I asked Brown
> >twice but he mysteriously fails to respond . . . notice in the end of the
> >2nd message that he claims to have "better" OddBall systems; I don't know
> >if
> >this incredible performance report he sent me is based upon a version he
is
> >not sharing with the Omega-list - - - in any case, since he fails to
> >respond
> >himself I'm forced to take this issue to the Omega-list and ask list
> >members
> >for suggestions in determining how a person can get such lofty numbers. I
> >would think that other list members would agree that anybody who is
> >offering
> >an .ela type trading system to the public (free or otherwise) should be
> >always be upfront and if they are furnishing "valid" performance reports
on
> >a free, publicly disclosed system they should always be willing to
furnish
> >the .ela and ALL inputs so others can independently verify the
numbers - -
> >-
> >otherwise, our spirit of cooperation and honesty is lost.
> >
> >For the record, Omega-list archives show posts by Brown extolling the
> >values
> >of not holding back, but instead contributing without profit incentive,
> >improvements in OddBall code for the good of all list members. Several of
> >us
> >have always followed this path.
> >
> >Message I sent over 8 days ago:
> >Mark:
> >
> >I've been trying to come anywhere NEAR the results of the strategy
> >performance report on OddBall you emailed me months ago. The 1st line
> >identifying your performance report states:
> >
> >MB_SP07_D SP60 min 05/14/1998 - 06/28/2001
> >
> >I've used your basic OddBall as well as other traders variations in
> >attempting to get the highest performance possible.
> >
> >Your report (end of this email) shows Return on account of 2103%
> >and Total net profit of $816,525
> >as well as overall profit factor of 2.17
> >
> >The "best" I can come up with for the same time period, natural hour
bars,
> >0
> >comm, 0 slippage, natural hour bars, single contract, etc. is only
$426,275
> >with a ROA of 724.03%
> >As I understand, no other trader working on OddBall type systems can show
> >any better either.
> >
> >
> >Your report shows an enormous difference from what I can get from my
> >computer.
> >
> >Would you kindly provide the .ela and ALL inputs that you used to
generate
> >this amazing performance report so I (and the list members) can duplicate
> >it
> >(Hell, I'd be happy to get within at least 90%) . . .
> >
> >
>
>***************************************************************************
****************************
> >Received: from psmtp.com ([64.75.1.145])
> > by itouch.net (8.8.8/8.8.8) with SMTP id SAA03513
> > for <whitehot@xxxxxxxxxx>; Sun, 7 Oct 2001 18:43:01 -0500 (CDT)
> >Received: from source ([216.88.105.93]) by exprod5mx5.postini.com
> >([64.75.1.251]) with SMTP;
> > Sun, 07 Oct 2001 16:43:01 PDT
> >Received: from TRADER1 ([216.88.105.90]) by firewall.markbrown.com
> > (Post.Office MTA v3.5.3 release 223 ID# 0-57451U100L100S0V35)
> > with ESMTP id com for <whitehot@xxxxxxxxxx>;
> > Sun, 7 Oct 2001 18:33:22 -0500
> >Date: Sun, 7 Oct 2001 18:42:08 -0500
> >From: Trader1 <trader1@xxxxxxxxxxxxx>
> >X-Mailer: The Bat! (v1.53d) Personal
> >Reply-To: Trader1 <trader1@xxxxxxxxxxxxx>
> >X-Priority: 3 (Normal)
> >Message-ID: <138253170299.20011007184208@xxxxxxxxxxxxx>
> >To: whitehot@xxxxxxxxxx
> >Subject: OddBall system code
> >MIME-Version: 1.0
> >X-postini-filters: (S:0.1987410 )
> >X-PMFLAGS: 571998336 0 1 P6B460.CNM
> >Content-Type: text/plain; charset=us-ascii
> >Content-Transfer-Encoding: 7bit
> >
> >Hello whitehot,
> >
> > make sure to use natural hour data and notice that the times are
> > Chicago so you may have to adjust for eastern or whatever other time
> > zone than central time.
> >
> >--
> >Best regards,
> >Trader1 mailto:trader1@xxxxxxxxxxxxx
> >
> >
> >****************************************************
> >=MB_OddBall
> >
> >
> >{start code}
> >
> >{Data = Either the SPY SAP 500 index tracking stock or the S&P 500
> >commodity futures contract. Data2 = Advancing issues of the Nyse.}
> >
> >if time>830 and time <=1500 then begin
> >
> >Inputs: RL(7), BZ(3), SZ(1),Factor(3), Length(20);
> >
> >If RateOfChange(Close Data2, RL) > BZ Then Buy;
> >If RateOfChange(Close Data2, RL) < SZ Then Sell;
> >
> >end;
> >
> >{end of code}
> >
>
>***************************************************************************
******
>
>***************************************************************************
******
> >
> >Received: from psmtp.com ([64.75.1.151])
> > by itouch.net (8.8.8/8.8.8) with SMTP id KAA03293
> > for <whitehot@xxxxxxxxxx>; Sun, 21 Oct 2001 10:52:22 -0500 (CDT)
> >Received: from source ([216.88.105.93]) by exprod5mx11.postini.com
> >([64.75.1.251]) with SMTP;
> > Sun, 21 Oct 2001 08:52:27 PDT
> >Received: from [216.88.105.92] by firewall.markbrown.com
> > (Post.Office MTA v3.5.3 release 223 ID# 0-57451U100L100S0V35)
> > with SMTP id com for <whitehot@xxxxxxxxxx>;
> > Sun, 21 Oct 2001 10:42:59 -0500
> >Date: Sun, 21 Oct 2001 10:51:18 -0500
> >From: Mark Brown <markbrown@xxxxxxxxxxxxx>
> >X-Mailer: The Bat! (v1.53d) Personal
> >Reply-To: Mark Brown <markbrown@xxxxxxxxxxxxx>
> >Organization: http://www.markbrown.com
> >X-Priority: 3 (Normal)
> >Message-ID: <6868073644.20011021105118@xxxxxxxxxxxxx>
> >To: whitehot@xxxxxxxxxx
> >Subject: Re: Oddball
> >In-Reply-To: <3BD2A394.6737.3F22442@xxxxxxxxx>
> >References: <3BD2A394.6737.3F22442@xxxxxxxxx>
> >MIME-Version: 1.0
> >X-postini-filters: (C:0.4299518 P:0.4202386 S:0.1039707 )
> >X-PMFLAGS: 570949760 0 1 P2B900.CNM
> >Content-Type: text/plain; charset=us-ascii
> >Content-Transfer-Encoding: 7bit
> >
> >
> >Hello whitehot,
> >
> >win> I'm quite impressed with the simplicity and performance of the
> >win> oddball S&P system.
> >
> >i am too.
> >
> >win> What does your tradestation system report performance summary
> >win> show for profit factor and other items ?
> >
> >
> >win> Could you email me a .gif file screen shot ot text file of a
> >win> summary ?
> >
> >though ts is a poor platform for this i have attached it.
> >
> >win> I'm curious if anybody has ever worked on placing additional
> >win> "filters" on the oddball system to obtain even better results ?
> >
> >of course. the performance can be improved in certain personality
> >stages. however can the longevity be improved upon? no i think not.
> >
> >do i personally have better? yes. not to be arrogant, but i have
> >much better. the good thing is that you too can work upon improving
> >it, it can be improved. "IF" you are careful to look for longevity
> >and not focus exclusively upon profits. am i vague? yes i intend to
> >be.
> >
> >win> What ever prompted you to be so generous to reveal this system to
> >win> the public ? Or is the strategy "power in numbers"; i.e., the more
> >win> traders placing oddball trades in the same direction the more
> >win> horsepower you have to influence direction (that would only seem
> >win> to influence scalp trading) ?
> >
> >i am not so generous, the publicity does me good in other business
> >areas of course. i try and not take too much advantage of that, i
> >just intend to give scamming vendors something to worry about. a
> >bench mark, why buy this when i can have this for free. can what you
> >sell me work as well as this? well they may say it does in order to
> >sell it. but time will tell the truth if it can perform as claimed.
> >
> >i intend to release progressively better and better systems one after
> >the other. i have a book underway and some more magazine articles are
> >scheduled as well as my courses. i am thinking of opening a trading
> >school if i can find some broker associates to cooperate with.
> >
> >Have a Great Day, Mark
> >
> >http://www.markbrown.com
> >
> >_MB_SP07_D SP60 min 05/14/1998 - 06/28/2001
> >
> > Performance Summary: All Trades
> >
> >Total net profit $ 816525.00 Open position P/L $ 4050.00
> >Gross profit $1513425.00 Gross loss $-696900.00
> >
> >Total # of trades 631 Percent profitable 57%
> >Number winning trades 362 Number losing trades 269
> >
> >Largest winning trade $ 26000.00 Largest losing trade $ -11125.00
> >Average winning trade $ 4180.73 Average losing trade $ -2590.71
> >Ratio avg win/avg loss 1.61 Avg trade(win & loss) $ 1294.02
> >
> >Max consec. winners 11 Max consec. losers 6
> >Avg # bars in winners 10 Avg # bars in losers 7
> >
> >Max intraday drawdown $ -38825.00
> >Profit factor 2.17 Max # contracts held 1
> >Account size required $ 38825.00 Return on account 2103%
> >
> >
> > Performance Summary: Long Trades
> >
> >Total net profit $ 398975.00 Open position P/L $ 0.00
> >Gross profit $ 767275.00 Gross loss $-368300.00
> >
> >Total # of trades 316 Percent profitable 59%
> >Number winning trades 188 Number losing trades 128
> >
> >Largest winning trade $ 20000.00 Largest losing trade $ -11125.00
> >Average winning trade $ 4081.25 Average losing trade $ -2877.34
> >Ratio avg win/avg loss 1.42 Avg trade(win & loss) $ 1262.58
> >
> >Max consec. winners 14 Max consec. losers 5
> >Avg # bars in winners 10 Avg # bars in losers 7
> >
> >Max intraday drawdown $ -35025.00
> >Profit factor 2.08 Max # contracts held 1
> >Account size required $ 35025.00 Return on account 1139%
> >
> >
> > Performance Summary: Short Trades
> >
> >Total net profit $ 417550.00 Open position P/L $ 4050.00
> >Gross profit $ 746150.00 Gross loss $-328600.00
> >
> >Total # of trades 315 Percent profitable 55%
> >Number winning trades 174 Number losing trades 141
> >
> >Largest winning trade $ 26000.00 Largest losing trade $ -9375.00
> >Average winning trade $ 4288.22 Average losing trade $ -2330.50
> >Ratio avg win/avg loss 1.84 Avg trade(win & loss) $ 1325.56
> >
> >Max consec. winners 9 Max consec. losers 6
> >Avg # bars in winners 10 Avg # bars in losers 7
> >
> >Max intraday drawdown $ -25175.00
> >Profit factor 2.27 Max # contracts held 1
> >Account size required $ 25175.00 Return on account 1659%
> >
> >
>
>
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