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Re: Trailing stops are invalid



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----- Message d'origine ----- 
De : Robert W Cummings <robert.cummings@xxxxxxxxxxxxxxxx>
À : <TradingSys@xxxxxxx>
Cc : <omega-list@xxxxxxxxxx>
Envoyé : lundi 20 septembre 1999 20:20
Objet : Re: Trailing stops are invalid


> Yes I agree that traders should be responsible for their losses. Adults are
> adults and should take responsibility for every part of their life. Problem
> with this trailing stop business is it not known to the average lay person.
> It took people like Mark Brown to point this out to me and others on this
> list. Omega has known about this situation for a longtime yet do not
> disclose it to the public. A guy that buys Omega's software does the
> testing using trailing stops and figures the results are reliable. Using
> this information to trade real money and not being told about this flaw
> could cost him a lot of money. Also it opens the door for scum like Jake to
> profit from the same flaw by using it to get extreme trading results from
> systems he sells. Okay Omega knows this, has known this for many years and
> refuses to acknowledge it. Omission is no different than lying and
> fraudulent. I think Omega should be held accountable for not disclosing
> this serious flaw. Can't expect people to take responsibility for things
> they do not know because their not told. Test your trading ideas without
> risking a dime right?
> 
> Robert
> 

May I suggest that you read the user manual, or at least the TS4 online manual under the section:
UNDERSTANDING HOW TRADESTATION SIMULATES MARKET ACTIVITY WITH HISTORICAL DATA.

The keyword above in *understanding*

Good reading.

PO