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Subj: Re: [RT] Any Good Systems out there?
Date: 7/2/01 6:46:51 PM Pacific Daylight Time
From: scassidy@xxxxxxxxx (Sean Cassidy)
Reply-to: realtraders@xxxxxxxxxxxxxxx
To: realtraders@xxxxxxxxxxxxxxx
I will email you the system in the next few days. I just need the
programmer to write the code so this is not a lifetime demo....lol.
Please let me know if you use tradestation or metastock so I can determine
which version needs to be sent to you.
Sincerely,
Sean----- Original Message -----
From: Steve Walker
To: realtraders@xxxxxxxxxxxxxxx
Sent: Sunday, July 01, 2001 8:12 AM
Subject: Re: [RT] Any Good Systems out there?
Sean....please send me the demo. Thanks.
Steve
>>> scassidy@xxxxxxxxx 06/30/01 08:12PM >>>
The system I have been using is called Time Machine written by Joe
Krutsinger. I have used the system live trading the QQQs and did for well
for 2 consecutive months making about 15% in one month and then about 17%
the next. The months were March and April of this year. It is actually a
relatively stress free way to trade, the orders generally come up at least
an hour or 2 in advance and the system always keeps you in the market,
waiting to catch the big move. The software then follows the trade with a
trailing stop and reverse into a new position. This works well for the
QQQs because there is no uptick rule to go short and it also cuts down on
commissions. We have used it primarily to daytrade but the system can be
set up to swing trade as well, which is actually more profitable. I can
only speak for my personal results and honestly believe in this system. It
runs on Trade Station or Metastock. If this response seems a little
"canned" its because so many people asked for more info. Its funny, If i
had posted this a year ago, I would of benn laughed at for only claiming a
10% return. I guess things have changed. I would be more than happy to
only make 100% or so this year.
A free fully functional demo is available. Please respond to me directly
and I will email it to you.
Some more information is included. As well as a spreadsheet indicating the
backtested results of the system.
Sincerely
Sean Cassidy
Subj: All of the below plus One Note! Previously discussed.
Time Machine Suite:$19,500 worth of trading strategies for $7000!
$5500 for all thru June 30, 2001!
Free Ride ($1500), is the father of all my trading systems. It has only
has
three variables and thus has the most freedom but it usually will make the
least money as it was designed originally for the U.S. Treasury Bond
futures.
________________________________________________________________________
Time Machine ($4500) is the system that most of my clients use most of the
time. It's the exact same code as FreeRide with the addition of a moving
average filter. For example: if the close is less in the close of two days
ago and the close is below a certain moving average then and only then we
look for buys. The opposite is true for the short side. TimeMachine works
on
all time frames: 5 minute, 30 minute, daily, and evenweekly.
________________________________________________________________________
Extra Crispy (free with Time Machine),is the exact same system as Time
Machine
the only difference is in the exit. It has the walk after so many bars
exit
that Time Machine has but in addition it also has an exit that as soon as
the
position has closed profitably for one bar, it will exit on the opening of
the next bar.
________________________________________________________________________
Delta Dawn($4500), is a trading system we should use when we're looking
to
buy calls and buy puts. It does not reverse but in all other respects is
the
same as Time Machine.
________________________________________________________________________
Q Master($4000), is based on Time Machine with one important difference,
the
market must trade in the direction of the 40 day moving average in order
to
take a new trade. You can only go long if today'sclose is above the 40 day
average. You can only go short if today's close isbelow the 40 day
average.
It also has a very interesting exit rule: after so many bars in a trade OR
if
the close is against the close of two bars ago against your position then
and
only then you will use a trailing stop at apercentage of the range
subtracted
from the close on buys and added to the close on sells.
Focus($2500), is my take at a day of week based pattern recognition
measurable indicator. It will often make the most in a simulation,but
since
it is a straight reversal system, it will usually have the largest draw
down!
The best use of Focus is to run it on a large piece of daily data and use
it
as a filter for the other systems. For example when Focus is short the S&
P
and you get abuy signal from another system: ignore the buy signal and
wait
and take the next sell signal!
________________________________________________________________________
FocalPoint 2001($2500), is my REVISED take at a day of week basedpattern
recognition now as a trading system. My newest system, it "fixes" most of
the problems in Focus: Drawdown, no stops, "stuck in trades", This system
can even be used as a daytrader for indexes!
Theseare the systems that comprise the Time Machine Suite($7000).
ANYstops
can be added to these systems.
Theday trade versions of all SEVEN are included and are marked SC DT 1.
They
will only take the first trade of the day and also close ALL trades at the
end ofthe day. I hope you enjoy using them as much as I have enjoyed
writing them! Good Luck and Great Trading!
----- Original Message -----
From: John Clemens
To: realtraders@xxxxxxxxxxxxxxx
Sent: Friday, June 29, 2001 2:46 AM
Subject: Re: [RT] Any Good Systems out there?
Sean:
I'd also like to see your system.
Thanks, John
----- Original Message -----
From: Sean Cassidy
To: realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, June 27, 2001 9:37 PM
Subject: [RT] Any Good Systems out there?
If anyone is interested, I have been using a system that runs on
tradestation that has generated returns of 15% and 17% in these difficult
market conditions. I would be happy to let anyone know what this is
......just email me privately. I would also like some general feedback on
trading systems and how well they work.
Thanks,
Sean
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