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Martin: I have a colleague who used Auditrack and got "realistic" fills.
His system "made money" but it cost him $$ for the service. Then he
invested his own $$ and lost when he double up on a couple of positions
that went against him. My experience confirms that the major difficulty I
encounter with trading is often intestinal, not systematic. If the money
isn't real, I find that I take much greater risks in search of the holy
grail than I do in real time. In fact, it has only been in the past several
years where I use strict stops, limit individual positions to 4% of
capital, and don't regret what I left on the table for others that I've
been regularly profitable. I keep a portion of my funds (i.e. about
$10,000) to try out new systems. Since I like the grains, I'll trade on
Mid-Am if necessary to see how the ideas work and look at the higher costs
as cheap learning. I do that trading in a separate account than my regular
trading so I don't get confused where my focus should be. In fact, I
recently took a hit on a larger position because I was spending too much
time on a new idea I had, when if I just stayed with my normal pattern I
would have done fine. Hope this helps. PAUL
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> From: Martin Maroun <marty@xxxxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: GEN: Auditrack or TradeComp ?
> Date: Tuesday, October 14, 1997 5:33 PM
>
> Greetings!
>
> I would really appreciate any feedback any RTers have on the services
> (quality, value, methodology) of either Auditrack or TradeComp (or
> others).
>
> >From what I understand, they are simulated brokerage firms designed to
> let traders "test" methodologies (before committing capital) or develop
> certifiable track records (for aspiring CTA's etc...).
>
> I'm curious as to how accurate their "simulated" fills are in terms of
> market conditions ie; fast vs. slow etc... Especially for the Spooz.
>
> I'm considering testing an S&P system of mine (daytrading) but don't
> want to waste my time if the simulation process isn't realistic enough.
>
> Would love to hear about them. Thanks in advance.
>
> Best regards,
>
> Martin Maroun
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