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And I forgot to add this:
ANY system that "optimizes" or "trains" its indicator inputs on a
dataset is IMO total crap.
Best Wishes,
Marc Miller
----- Original Message -----
From: "marc miller" <marcmiller@xxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Tuesday, February 03, 2004 11:42 AM
Subject: Re: e-mini...search for the grail continued
>
> Even the VERY BEST system will get run over by forces more numerous and
> perhaps more powerful than can be programmed into that system OR meet the
> eye.
> For Instance:
> Take a dominant cycle high or low point, forecast in measured 'cycle time'
> to occur at a future date (i.e., connect previous lows/highs, then project
> out... If the market has been trading sideways, just "meandering" just
> before this occurs, then "takes off like a rocket"- most
> math/stat/probability "systems" are going to signal you to exit or enter
> prematurely. Every one of us that have been around even for a short
period
> of time have witnessed this.
> Even then, "phase" of cycles are known to "shift". This is just ONE
factor
> that NO-Body can program into ANY system.
> In my life experiences, having a good math/stat/probability program,
> adhering to its rules, but more importantly, diversifying its use among as
> MANY instruments as you can keep track of helps alot. On a down day in
the
> emini, your model is going to have you both long and short on many
> instruments, helping to remain more delta neutral.
> The challenge and fun is being able to recognize the market's
metamorphosis
> yet is secondary to making $$.
>
>
> Marc Miller
>
> ----- Original Message -----
> From: "Bilo Selhi" <biloselhi@xxxxxxxxxxx>
> To: "Infinity Brokerage" <jeffg@xxxxxxxxxxxxxxxxxxxxx>; "'Ron Hudson'"
> <ron@xxxxxxxxxxxxx>; <omega-list@xxxxxxxxxx>
> Sent: Tuesday, February 03, 2004 11:16 AM
> Subject: Re: e-mini day trading systems
>
>
> > every day is a new day...
> > every day a new sucker is born...
> > every trade is a new trade ...
> > every day there is new system...
> > every day is new line of code...
> > every day brings a new idea...
> >
> >
> >
> >
> >
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> >
> > but Duke&Duke always makes the commission !
> >
> >
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> >
> > bilo.
> >
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> >
> >
> >
> >
> > ----- Original Message -----
> > From: Infinity Brokerage
> > To: 'Ron Hudson' ; omega-list@xxxxxxxxxx
> > Sent: Tuesday, February 03, 2004 1:58 PM
> > Subject: RE: e-mini day trading systems
> >
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> > Every trader needs to think systematically and understand how past price
> > movement may influence future prices. As you said, there is probably not
a
> > system that will always work.
> >
> >
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> > This is why Tom Skilling goes to work everyday and why I go to work
> > everyday. Everyday is a new day.
> >
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> > J Gil
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