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[Metastockusers] Re: Slide Show Question



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Walk forward testing is standard procedure. I've used it for years in 
my own systems development. 

Regarding the indicator systems, I see what you're saying now. You're 
not suggesting the stuff in the slide show works well on the broad 
market, just on a few selected stocks. 

Well, you're right when you say that's in contrast to what Stridsman, 
Kaufman, Pardo, Katz and others use in their approach for robust 
systems development. 

Okay, thanks for the education. Education is good. 




 





--- In Metastockusers@xxxxxxxxxxxxxxx, "CedarCreekTrading" 
<kernish@xxxx> wrote:
> John,
> 
> At the time, someone was also accusing me of trying to take 
advantage of the public.  The quote was a total joke...sarcasm.  
Humor varies from one part of the world to another.  It's not the 
image I have ever projected.  
> 
> The quote was sarcastically pointing a finger at people that DO 
have something to sell.   It has been my experience that if vendors 
feel threatened, they accuse others of the sins they are committing.
> 
> Always judge individuals by your personal interaction...don't allow 
someone to take something out of context and make it into something 
that isn't (wasn't).  
> 
> To further clarify my approaches, I've included another recent 
presentation.  If you saw the post: "Where the rubber hits the road", 
you should be able to recognize that charts are equity issues, using 
a StoRSI to trade them.  Here's what's important:  these trades 
were "taped" according to triggers.  This isn't esoteric 
backtesting.  It's walk-forward in it's most intense sense: money at 
risk.   
> 
> So, if you look through this presentation, you will see the StoRSI 
approach for equities.  It is exactly the same thing we implement, 
everyday, in our trading.  The trick is issue selection.  So, please, 
a disclaimer:  this will not work if you insist on testing this on 
lame issues than my dead dog shouldn't even be trading.  
> 
> If anyone tells you that a mechanical approach needs to work on all 
the issues in the Naz 100 or it must trade these or those 
stocks....turn and run as fast as you can. This is a subject for 
another post...but, I've made some pretty impressive converts in the 
area of "issue selection".  
> 
> It's not what you use....it's what you use it on.
> 
> Take care,
> 
> Steve
> 
> Take care,
> 
> Steve
>   ----- Original Message ----- 
>   From: John 
>   To: Metastockusers@xxxxxxxxxxxxxxx 
>   Sent: Sunday, December 05, 2004 10:15 AM
>   Subject: [Metastockusers] Slide Show Question
> 
> 
> 
>   Steve, in my last post I forgot to ask you if you really said 
what 
>   was attributed it to you in this quote I saw?
> 
>   "My only disclaimer is that I guarantee that I will sell 
software, 
>   charting services and anything else that I can think of to make 
>   a "buck" in 2000. In the meantime, suck all the free stuff from 
me 
>   you can copy. And most of all, please note, the biggest 
antagonists 
>   on the list provide absolutely "zero" when it comes to helping 
you 
>   trade."
> 
>   Your other posts didn't sound like this. They sounded genuine, 
like 
>   you were just sharing and not promoting. This quote sounds like 
>   you're a snake oil salesman. Well, I don't want to get confused 
by 
>   the messages.  I can't test words, only the systems you send out.
> 
>   The quote reminds me of something a couple of stock brokers I had 
>   before I took up full time trading years ago would have said. 
They 
>   always said they were really glad to talk to me and happy to see 
me 
>   for lunch. And they had a lot of "free" stuff for me--reports, 
plans, 
>   ideas, etc. As you know, what they were really happy about was 
>   staying close to my wallet. They loved seeing it and taking it to 
>   lunch. They liked to curl up next to it like it was a warm 
blanket on 
>   a cold winter night.
> 
>   I think they had the script down pretty well. I'll bet you knew a 
lot 
>   of brokers just like that when you were working as a broker. 
Amazing 
>   how brokers learn to work people.
> 
>   Thanks again for the stuff. And happy holidays! 
> 
> 
> 
> 
> 
> 
> 
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