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To: Chris G. who wrote (7791)1/15/1998 2:33:00 PM
From: Richard Estes  Respond to of 12039
 
The point I was making is any one can increase their money in these days of low commissions. it is all %s, this is hard for many to see. The buy and hold index is based upon system performance. If your commissions ran $25, and stockx went up 20%, the $1000 trader would get $1200-$50(commissions)or $150 profit. the $100,000 trader would get $120000-$50 or 19,950 profits. The commission is a constant.

But again, the system test is not to set reality but to pick the best relative system.