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> Dennis, Phil and all other that seem to be at loss with this matter
> every now and then:
Excuse me? I have a very good grasp of the matter, thank you.
> If you want to compare your trading results over different time frames
> and different markets, you have to work with percentages.
Test trading more contracts when volatility (or price) is lower does
exactly that.
> Once you've
> done your homework on Ratio Adjusted Data and percentage based
> calculations, you can transform those number to dollar terms that will
> tell you how much you can expect to win/lose in the future. Not how much
> you could have made in the past, which is the only thing TradeStation
> will tell you.
errrrrr..... past performance is no guarantee of future results <g>...
you don't mention monte carlo simulation using your percentage results
but I'm sure a knowledgable person like yourself uses it to help predict
the "future".... I do.....
> Unfortunately, when it comes to system testing and system testing
> parameters, all retail programs (including TS) are completely worthless,
Your opinion. This is the omega list and I presented a method that works
with Tradestation. At least it is a starting point to get the numbers to
use in a more complex analysis.
> Please read
> my article in (p. 46) in the latest issue of Futures magazine (Jan.
> 1999).
Sorry, I cancelled my subscription because I found few (no) articles of
value and was offended by the barrage of advertisements for $3000 wonder
systems. If you would like to summrize it here, please do so.
> I've addressed this matter for a long time now, and I'm just
> amazed that it needs to be addressed in the first place, and, second,
> that people seem to have such a hard time grasping it.
Maybe people grasp it better than you think.
--
Dennis
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