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AW: portfolio results in TS?



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Charles.

We are very generous about giving another 30 days full evaluation. Just
send the key to me and you get it. 

Regards. 


Volker Knapp
Wealth-Lab Inc.        
www.wealth-lab.de   
www.wealth-lab.com  



-----Ursprüngliche Nachricht-----
Von: Charles Johnson [mailto:cmjohnsonxx@xxxxxxxxx] 
Gesendet: Dienstag, 15. April 2003 15:59
An: VK; 'OmegaList'
Betreff: RE: portfolio results in TS?

By the way, it's nice that you have a 30-day trial version, but at least
when I tried it, there was no way to save a script, which severely
hinders
evaluation of the product.

> -----Original Message-----
> From: Charles Johnson [mailto:cmjohnsonxx@xxxxxxxxx]
> Sent: Tuesday, April 15, 2003 9:54 AM
> To: VK; 'OmegaList'
> Subject: RE: portfolio results in TS?
>
>
> Volker,
>
> I have no idea what sort of disagreement or considerations
> prompted the previous abandonment of the test comparing Trading
> Recipes with Wealth-Lab, but it would be helpful if this or a
> similar test would be completed and the results published. I
> previously asked you about this on this list, and you pointed me
> to a forum where people were talking about how much they like
> Wealth-Lab, which really doesn't tell me anything about how
> accurately it handles portfolio level testing for futures.
>
> I am intrigued by Wealth-Lab, despite its intimidating-looking
> programming (and I am a former professional programmer who knows
> Pascal...), and certainly have no negative ax to grind regarding
> Wealth-Lab, but I'm a little dismayed by the non-completion of
> this test, and can't understand why you would not want to
> complete it and publish the results if they would show your
> product in a good light.
>
> > -----Original Message-----
> > From: VK [mailto:volker@xxxxxxxxxxxxxx]
> > Sent: Tuesday, April 15, 2003 5:50 AM
> > To: 'Kent Rollins'; 'OmegaList'
> > Subject: AW: portfolio results in TS?
> >
> >
> > 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.
> >
> >