Larry Williams S&P Systems

[John Cappello <jvc689@xxxxxxx>]

Hi Adam,

I looked at 17 years of trades.It looked decent to me to combine with 
other slow trading systems and possibly come up with a nice 
composite.It is a work in process.

The systems were kindly provided by a fellow realtrader and I am 
merely passing them on as I learn more about them.

John



------------------ Reply Separator --------------------
Originally From: "adam_hardy3" <adam_hardy3@xxxxxxxxxx>
Subject: Re: Larry Williams S&P Systems
Date: 09/14/1999 10:47pm


you need to check out systems to see how they do in the 12 to 18 
months
after they were published. that way you get a good idea of how the 
system
works in truely blind situation. were those two systems just 
published?


-----Original Message-----
From: John Cappello <jvc689@xxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Cc: Realtraders@xxxxxxxxxxxx <Realtraders@xxxxxxxxxxxx>
Date: Wednesday, September 15, 1999 6:33 PM
Subject: Larry Williams S&P Systems


>To Lists:
>
>Over the past 2 months a few of the subject systems were posted.I
>found 2 of interest in day trading:
>
>1.12 Gal Gapper
>
>2.Contraction S&P
>
>>From 10/82 to present #1 made $227,000 with $10,500 drawdown using a
>$2500 trailing stop.It made 518 trades with 286 wins.
>
>>From the same period #2 made $113,300 with same drawdown using a 
$2500
>trailing stop.It had 481 trades with 242 wins.
>
>Assuming the trailing stop is realistic,that would average about
>$20,000 per year on 50 trades per year trading both.Not the greatest,
>but a starting point.
>
>John
>