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I cannot resist making some comments on this subject.
1. I've never in my trading experience found a book, article, software, etc.
which
I could use in its entirety, however, many times there was an
interesting idea,
indicator, etc. which I adopted.
If there is a system which offers only good entries I'd try to come up
with exit strategy
and stops myself.
2. I'd rely more on my own backtesting of a system than on others opinion.
Jan Philipp
----- Original Message -----
From: Kimberly <kimberly@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxx>
Sent: Tuesday, October 24, 2000 10:09 AM
Subject: RE: [RT] New Trading Dimensions
> The book is excellently written, and well thought out. However, when I
> actually backtested ID over several years and paper traded it for 5 weeks
> extensively in 4 markets; cocoa, coffee, sugar, and orange juice the
esults
> were very disappointing. It entered the market well, but it's stops and
> money management left a lot to be desired, often giving back a full days
> profit. I personally chose not to use it as my trading strategy based on
the
> results of my evaluation.
>
> warmest regards,
> Kimberly
>
> > -----Original Message-----
> > From: Larry Viles [mailto:larryv@xxxxxxxxxxxx]
> > Sent: Tuesday, October 24, 2000 9:01 AM
> > To: realtraders@xxxxxxxxxxx
> > Subject: [RT] New Trading Dimensions
> >
> >
> > I have been taking a serious look at the methods described in
> > this book and
> > demo'ed in Investors Dream software. It seems to have many
> > sound elements.
> > Would anybody who has traded this method share their experiences?
> >
> > Larry
> > larryv@xxxxxxxxxxxx
> >
> >
> >
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>
>
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