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this is a good one..! hmmm, things like,
has system been tested on real trades , or simulation
over how long a period...?
i mean, i have managed a simulation on the sp500, with 1 (no scaling up)
single mini contract that has yielded around 25K in twelve months over
31 trades, avearge hold of trade around 8 days.... biggest intra day
draw down, around 2500, the figure spitted out for account size required
is $6587.00 , average trade win $860.
, ave. win/loss ratio 2.91 ,return on a'c of 388% sounds o.k. :)
Now whats that worth, jack i assume....
as it ignores globex( and the likely overnight turmoil my account might
suffer),
IF ANYONE CAN TELL ME THE NIGHTLY RANGE, DETAILS OF WHERE I CAN FIND IT,
then please do....even a ball park figure, 20, 30 points...????
i think you can learn alot trying to develop an existing system or
designing one of your own. (keeps me happy for hours)
if people are peddling a system i'd want loads of proof, before i parted
with cash,,, ie many years of actual trading results, not just simulations..
but... i have a single (my only copy of tech. analysis of stocks and
comms.there hard to come by in the U.K) and theres a company call CREATIVE
BREAKTHROUGH INC. and they are flogging a thing called %C-DT , and what
they offer is for you to lease the system, it says here, a trial lease
costs $125.00 for 31 days and its the full working system. its 100%
mechanical and never holds overnight. oh it trades sp500.. its average
$1265.00 per week profit, on one contract, max draw down $5,785.00
oh and just clocked the yearly outlay,, 495 per quarter, 895 semi annual,
or 1695 yearly,
NOW.... it sounds better to me you can lease for a relatively small
amount and see if it works out.....
PLEASE... I HAVE NO CONNECTIONS WITH THE COMPANY..... its just an add i
remembered.... any Traders tried it/use it......??
At 10:18 07/08/98 EDT, you wrote:
>Rt'ers
> I am new to system buying and I need some help.
>
> What should systems sell for?
>
> One vendor sells them by the basket for educational reasons.
>
> Others sell them with track records.
>
> If a system nets the owner 20K a year with on a 10 k account. How much is
> it worth?
>
> What is a good way to decide if a price is fair?
>
> How do we determine what it is worth?
>
>
> Thanks
> Mitch
>
>
>
>owner-realtraders@xxxxxxxxxxxxxx wrote:
>> I'm not that familiar with a trading "rhythm method", but my experience
>
>> with the other type just had her first birthday. I imagine the former is
>
>> about as effective as the latter. Looks like the first year costs are about
>
>> the same too.
>
>>
>
>> Regards,
>
>>
>
>> Tom Alexander
>
>>
>
>> ----------
>
>> > From: Harley Meyer <meyer@xxxxxxxxxxx>
>
>> > To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>
>> > Subject: Re: Ed Moore's Rhythm Method
>
>> > Date: Thursday, August 06, 1998 11:01 PM
>
>> >
>
>> > I couldn't resist, sorry. But is that similar to
>
>> > the method practiced by many Catholics. Also known
>
>> > as the "rhythm method".
>
>> >
>
>> > Harley
>
>> >
>
>> > Austowne@xxxxxxx wrote:
>
>> > >
>
>> > > RT's
>
>> > >
>
>> > > Surfing last night and came across Ed's website where he totes his
>
>> method for
>
>> > > a mere $15K.
>
>
>
>
>
>Mitch Ryder
>Ynos@xxxxxxxxxxxx
>
>____________________________________________________________________
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