SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : NeuroStock

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Scoggin who wrote (595)1/8/1999 10:50:00 AM
From: Optim   of 805
 
Bob,

Profit has done well for me lately. I have been able to model a number of stocks with good results. I have worked through a number of indicators to find those that I find work best and I now use these as a generic template for any new networks I build. This allows me to test a number of stocks to find those that are most predictable.

I find it interesting now that a number of people on the thread are exploring new indicators and building data files for NeuroStock. It seems this was one of the criticisms of Profit and NS Trader in the past.

I think that while NeuroStock is easy to use, most users eventually outgrow its capabilities. I know that I am constantly trying new ideas under Profit and NS Trader as they allow me to customize the way things work much like a good charting package would. I have tried predicting up or down days, percent changes, forward shifted technical indicators and even fundamental data.

I think it is that very same flexibility that allows me to trust my NS Trader and Profit models more than my NeuroStock models. Because I know why things are happening and I can fine tune them to my taste.

As for whether Profit is worth the moeny. It depends. There is a steep learning curve to use Profit to its full potential. I would suggest NS Trader as the next step from Neurostock as it is more like a traditional charting package. It reads many data formats and has over 700 indicators built in to save you from having to code them in Excel or Metastock. It also build networks quickly and generally has excellent results. Profit builds better models by using equity-feedback, but it is much more complex and requires some external means of programming/creating your technical data. Once designed however, Profits models can turn in some spectacular results.

In the end it is up to the individual. NS Trader and Profit are exceptional tools if you are willing to take the time to learn them (and the related technologies) to achieve their full potential. I have dedicated hundreds of hours to reading and experiementing with these technologies. Every day I get a little better. Like anything if you can put forth the time, you will reap the rewards.

Optim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext