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problems: there's no slippage or commission used for the backtest. If this
system uses market orders, you have to assume some slippage in the testing.
If it uses limits, you have to assume 15% to 20% of the trades will not be
filled - these test results cannot be reproduced in reality in my opinion
--
Maxtrade drawndown appears incorrect as does largest loosing trade.
Something flakey here.
----- Original Message -----
From: "John Pretorius" <johnpretorius@xxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Saturday, February 21, 2004 5:04 AM
Subject: Lowdown on DynamoBonds
> A broker sent me a sales pitch on a new? trading system called Dynamo
Bonds.
> The trading history seems too good to be true - like 1 loss in every 20
> trades. The history is specified as simulated and doesn't claim to be real
> trades, but even so......
>
> The website www.dynamobonds.com appears to be jammed up, but in any event
it
> seems to just consist of the same results. I was wondering if anyone on
the
> distinguished panel of system critics had any real information on the
> system.
>
> Oh, and before anyone accuses me of doing an underhand promotion, let me
> assure you that nothing could be further from the truth. I intend
releasing
> my own US Bond system later this year, and I can tell you now that the
> performance will be nowhere near as good. So, if anything, I would be
> comforted by evidence that the claims of a potential competitor weren't
able
> to stand up the harsh realities of live trading.
>
>
>
>
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