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Frank,
That’s a very good idea from an idealistic point of view, but totally
out of the question for 99% of the trading population for reasons which
could fill a book. Following on from your logic it would be best if we
could take care of every aspect of our lives with no need to rely on any
other person to do anything. Of course we'd all be living in caves if
we followed that naïve solution. Economies of scale and world trade has
enabled the world to reach the hights its has. So while I would love to
have the ability to write good programs to solve various issues, it
would literally cost me $10,000's or $100,000's of my time to learn to
reach the required level. Not to speak of the time. Should we quit our
job to spend the time learning? Or perhaps we should abandon any home
life and work all day then all night and weekends. Of course if your
married you won't be for much longer :-)
So you see...its a great solution theoreticaly Frank, but really of
little use to 99% of us. We all benefit from taking advantage of the
specialised knoweldge of others via economies of scale. Spending $400
on MCS program is the equivalent of 4 hours programming time!!! To
write it ourselves would cost in time and money a number which you can't
even contemplate.
Regards,
Adrian
> -----Original Message-----
> From: Frank Fleisher [mailto:r6_5fpen8@xxxxxxxxxxxxx]
> Sent: Sunday, 13 April 2003 12:40 PM
> To: David Colin
> Cc: omega-list@xxxxxxxxxx
> Subject: Re: portfolio results in TS?
>
>
> Hello David,
>
> Yes. Learn a programming language and do it yourself. That
> way, you are forced to learn the theories behind your
> programming, rather than rely on someone else who is
> brilliant with code and marketing, but very dim on theory.
>
> Saturday, April 12, 2003, 11:51:50 AM, you wrote:
>
> DC> Is there a way to get results of a system over an entire
> portfolio
> DC> of issues in TS?
>
> DC> TIA,
>
> DC> David
>
>
>
> DC> ---
>
>
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