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In a message dated 5/1/99 9:37:41 PM Pacific Daylight Time, ist@xxxxxx writes:
<< I have followed this thread on mechanical trading systems and find that
there is one flaw. As the markets change the system remains the same.
Any system that is not flexible, and unable to adapt itself to changing
markets, will create large financial losses in the long run. When I say
flexible, I do not mean interpretive, I mean one that can adjust to
conditions as the occur. I am not talking about a neural net that is also
a blind analysis. Ira >>
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Ira:
There are so many conditions in the markets that I am not sure what you mean
by adapting to the changing markets. Can you be more specific or give
examples. Thanks.
Lynn
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