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Dear JD, With all due respect, I have heard your comments before from others. Those large equity traders really get around giving this advice about doing the opposite. I am sure this free advice is really good and I hope you are doing well.Please share your methodology and results. Mechanically yours, Foolish John
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Originally From: John Dundee <jdundee@xxxxxxxxxxxxxxx>
Subject: Re: Mechanical Trading
Date: 01/19/98 02:15am
$3000 to 16,500 for a mechanical trading system. "You can fool all of
the people some of the time and some of the people all of the time".
When doing my serious research into mechanical systems something
interesting came up. Two commodity hi-net worth trading manager's at a
large international bank stated to me the best performing system they
found was to find the one that did the worst and do the opposite. The
returns were much higher than trading the most expensive neutral net or
other system top performer's.
Perhaps the best move to make is to buy the cheapest system available on
the bottom of the performance lists and use it in this fashion.
Good Trading
JD
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