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Adrian.
I am confused. Are you looking for a software that does portfolio level
back testing with portfolio level money management in conjunction with
TS? If so then Trading Recipes is not a solution since it is a DOS based
stand alone product. I don't know Portfolio Stream4.
If you are looking for a software in general that does the above
mentioned then you should look at Wealth-Lab. Find more information
here:
http://www.wealth-lab.com/cgi-bin/WealthLab.DLL/getpage?page=WLD2.htm
Adrian. I do agree on what you said to Frank. This solution makes no
sense and would make every TS user a none TS user.
Leslie.
I could not follow your theory. I also don't believe in optimizing the
markets into a system but wouldn’t there be a higher degree of
confidence if you have a system that works on a portfolio of different
stocks/futures.
Regards.
Volker Knapp
Wealth-Lab Inc.
www.wealth-lab.de
www.wealth-lab.com
If you have any further question please let me know.
Regards.
Volker Knapp
Wealth-Lab Inc.
www.wealth-lab.de
www.wealth-lab.com
-----Ursprüngliche Nachricht-----
Von: Kent Rollins [mailto:kentr@xxxxxxxxxxxxxx]
Gesendet: Montag, 14. April 2003 00:54
An: OmegaList
Betreff: Re: portfolio results in TS?
You don't even have to write software to do this. You can do all of it
with
Excel or most any other spreadsheet app without writing a single line of
code. And you can do a lot of things with spreadsheets that you can't
do
with some trading software.
Kent Rollins
----- Original Message -----
From: "Frank Fleisher" <r6_5fpen8@xxxxxxxxxxxxx>
To: "Adrian Pitt" <apitt@xxxxxxxxxxxxx>
Cc: <omega-list@xxxxxxxxxx>
Sent: Sunday, April 13, 2003 6:10 PM
Subject: Re[2]: portfolio results in TS?
Hello Adrian,
Let's call it "Chronic Purchased Software Dependency Syndrome"
(CPSDS). Because people won't spend the time to think, they buy other
people's thoughts instead, without being sure whether their thoughts are
any
good. As for MCS, I bet lots of people who own the program don't even
know what Monte Carlo is, or if it's applied correctly. This reliance
on the unknown for profit-dependency is dangerous. Writing code
forces you to think.
This is not about neglecting your spouse and spending gobs of time
replicating charting software
or complete programs. It's about writing some code that eliminates your
dependency on these programs. More often than not, the programs are
either flawed, incomplete, or inflexible. Trading is a practice,
after all, and in time you get smarter. If you learn to code, you
can fill some of the gaps these programs leave.
Better yet, if you're going to spend the extra time shaping your trading
ideas to a program's limitation, why not spend the time shaping a
program to
your
trading ideas?
As for the 99% assumption, I'm sure there are a lot of traders who
write their own code, or hire others to do it for them.
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