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Non-Tech : OmniTrader-Do you like it???
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To: Julius Wong who wrote (64)10/12/1997 1:16:00 PM
From: Julius Wong   of 402
 
On the efficient use of OmniTrader 3.1

OT generates very profitable signals if I do the following:

1. Limit the number of stocks in a profile to 50.
2. Put similar stocks in a profile. For example: banks, computer
hardware, airlines, etc.
3. Do not use OT on thinly traded stocks. Say the average daily
volume greater than 100,000 shares.
4. The back test score at least 80.
5. If I don't short stocks, only test for Long.

I don't get too many signals this way, but the signals were good
enough for trading.
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