|
PureBytes Links
Trading Reference Links
|
First of all my comments and posts were meant constructively and with
admiration.I do not intend to spend a career answering long drawn out
questions but since this post is relatively comprehensive I will
reply to the best of my ability.I do not have cable hook up so long
questions are often cut off and I dislike redoing them.
1.The data was sent to me by a reliable third party. I am in the
process of getting the website.
2. I fail to see the vagueness of a series of numbers generated with
backdata on this system and then rounded off for time's sake.
3. Re. split...the S&P changed from $500 per point to $250 per point
in a certain year...If one traded the S&P that far back one may or
may not recall the year... more like a chery float than on top.
4. The numbers are all hypothetical but correlate with the Oddball
site. No commission or slippage is used in the data at the Oddball
site or with what was posted so another bite into profits.
5. The variations are posted at the Oddball site and noted as
contributions to code by others.
6. This is the first step at an in depth study. I know you do not
expect me to do an in depth study of this alone. I am just pointing
out what I learned.
7. Yes I have seen optimized and curve fitted codes with few lines.
8. Like I said I am not making a career of studying it and comparing
it to the universe of public domain systems I have seen in Futures
and Stock and Commodites magazines.
My post was meant as food for thought and meant to be complimentary
to its provider...as well was its placing in public domain meant in
the same vein. It was in no sense meant deroggatorily as you seem to
infer.
John
------------------ Reply Separator --------------------
Originally From: I4Lothian@xxxxxxx
Subject: Re: [RT] Odd Ball System Results
Date: 04/13/2002 09:39am
In a message dated 4/13/02 12:12:09 AM Central Daylight Time,
jvc689@xxxxxxx
writes:
<< To those interested:
****** You mean to those interested who have not been kicked off the
Realtraders List.
This is a list of results for Oddball original system as taken from
a
tester's website.
****** Who is the tester? What is their web site? Why so vague?
Figures take into consideration S&P split.
******* What the heck is an S&P Split? Do I get a cherry on top of
it if I
order one at the CME soda counter?
The variations posted did better but, not by much.
******* Which variations? Compared to what?
Numbers rounded and approximate.
******** Why not use the specific numbers? What are the assumptions
of the
data? Real results or hypothetical? Slippage and commission figured
in or
not? If so, what were they?
Drawdowns noted at Oddball site for most recent 2 + years; but '99
can give an idea of disaster if profits taken off the table or
started that year.
****** Disaster? Yes, any program that you get in at the worst time
can be a
disaster and exceed the traders risk tolerance.
2001 168,000
2000 249,000
1999 -41,000
1998 60,000
1997 40,000
1996 45,000
1995 -2,000
1994 10,000
1993 8,000
1992 17,000
1991 24,000
1990 39,000
1989 48,000
1988 28,000
1987 29,000
Optimized, curve fitted or au naturale I do not know.
******* So you really have not done any in-depth study of the
system? How
many curve fitted programs have you seen the code for? Have you ever
seen a
curve fitted system with so few lines of code?
You be the judge.
******** In RealTraders it is you be the judge and the jury.
In whatever case you choose it still ranks up there with the best
systems I
have seen in the public domain.
******** So you have not done any in-depth analysis of the basic
system, but
you can draw this analysis? What other public domain systems did you
compare
it to? How did they perform relative to Oddball? Did they have
disasters
too? More or less disasters?
******** Did you attempt to modify the Oddball system with any of the
things
that you have learned from the desk of you analyst?
******** Do you think that maybe the designer of this system publicly
offered
a basic version of it that might spur people to learn to how to
develop their
own systems or versions of Oddball that fit their own trading
personality and
risk tolerances? We could ask him about this, but
then......dang......!
Regards,
John J. Lothian
Disclosure: Futures trading involves financial risk, lots of it!
John
>>
------------------------ Yahoo! Groups Sponsor ---------------------~-
->
Buy Stock for $4
and no minimums.
FREE Money 2002.
http://us.click.yahoo.com/k6cvND/n97DAA/ySSFAA/zMEolB/TM
---------------------------------------------------------------------
~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Buy Stock for $4
and no minimums.
FREE Money 2002.
http://us.click.yahoo.com/orkH0C/n97DAA/ySSFAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|