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Re: SMARTTRADING...YEA RIGHT



PureBytes Links

Trading Reference Links

Any suggestions for EXCEL files (or any web sites, files)  to calculate
compounded ROR, drawdown, time windows analysis etc
thanks
dn

-----Original Message-----
From: Lawrence Lewis <lel@xxxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Friday, August 14, 1998 10:52 AM
Subject: RE: SMARTTRADING...YEA RIGHT


>Jose -
>
>I have not bought the course. I have read Ralph Vince's  Mathematics of
>Money Management which described the original optimal-f theory.  Another
>source is http://www.rinasystems.com/menu_articles_securef.htm, which
>describes a method called secure-f. I have also read the article in the
>July issue of Technical Analysis of Stocks and Commodities which details
>secure-f entitled "Secure Fractional Money Management" by Zamansky and
>Stendahl (of Rina Systems).
>
>I find it hard to believe that Rumery and Lehman have found something
>that much better. We could just ask them. This is not to say that what
>they have done has no value. I think many people unfairly demean the
>value of the work that goes into commercializing a system. You can avoid
>paying the $1500 if you a) spend the time to read and investigate the
>theories presented in the above literature and b) spend the time to learn
>enough math to understand the theories. On the other hand, you can trade
>your time for $1500. Unless you love math, it sounds pretty cheap. Of
>course, you can't get away from the fact that the person who better
>understands something may have an edge.
>
>Oh, you obviously should look at RinaSystems as well.
>
>Larry Lewis
>
>
> -----Original Message-----
>From: Jose Pascual [SMTP:Jpascual@xxxxxxxxxxx (MIME)]
>Sent: Friday, August 14, 1998 11:59 PM
>To: lel; realtraders
>Subject: RE: SMARTTRADING...YEA RIGHT
>
>
>Hi Larry!
>
>Please let us know that if you are just pretty guessing its concept or
>you
>had bought its course?  If its just guessing you would do more harm than
>good for those people who are open minded & expecting from you just for
>the
>savings of $1500.
>
>>From the below example that you had given, its just a one shot deal trade
>(one trade) by taking the corresponding multi number of contract and its
>not called money management technique as I understand.  As I understand
>from their free literature of Fixed &/or Fractional Ratio (whoever they
>are) they are practicing series of TRADES from the outcome of their
>methodology win/loss ratio.
>
>Hope we can get from those who really buy its course and let them comment
>inside out.
>
>No personal attack on you please.  Thanks for warning all of us from your
>critical observation.  Of course we all should be vigilant of those
>industry crook vendors.
>
>
>
>
>At 08:15 AM 8/14/98 -0700, Lawrence Lewis wrote:
>>If your system is profitable on one contract, the theory is, to get 10
>
>
>>times the profit, just buy 10 contracts, thus turning a $44,000 profit
>
>
>>into $440,000.
>
>
>
>
>           §
>
>
>
>
>