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Re: Maximum Profit Test (MS 7.02)



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Paritech explained to me that the max prof test is simply the best one could
have achieved (and serves as a benchmark) - it is not a trading system that
you can apply.
----- Original Message -----
From: "j seed" <jseed_10@xxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxxxxxxx>
Sent: Monday, July 09, 2001 7:24 AM
Subject: re: Maximum Profit Test (MS 7.02)


> Patrick,
>
> You are exactly right. It is a system that works in reverse. It is not to
be
> used for trading...just wishful thinking!
>
> J
>
>
> >From: "Patrick McGaughey" <patrickm@xxxxxxxxxxxxx>
> >Reply-To: metastock@xxxxxxxxxxxxx
> >To: <metastock@xxxxxxxxxxxxxxxxxx>
> >Subject: re:  Maximum Profit Test (MS 7.02)
> >Date: Mon, 9 Jul 2001 15:23:55 +1000
> >
> >Hi,
> >Does anyone understand the rules of "Enter long/Enter Short" of the above
> >system test?
> >They are not available to even view (let alone edit!).
> >The rules obviousely take Commisions rates into account and some exit
> >decisions are
> >simple.   Others however defy logic (thought they turn out to be
correct!).
> >Its almost as though the
> >system test looked ahead  and made exit decisions on actual later (ie:
> >future) events that actually happened
> >-  something we mortals cannot do.
> >Is the System test a display of "What we might have made - IF we had done
> >everything right" or
> >does it have a genuine set of real-time trading rules?
> >Any thoughts would be helpful , as I would love a trading system as good
as
> >this.
> >regards
> >Patrick McGaughey
> >
>
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