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To: Andrew Vance who wrote (14957)7/20/1998 10:03:00 AM
From: John Westman  Read Replies (1) | Respond to of 17305
 
Andrew,

Are you running the RACE this week for spending money? In at 1.75 this morning.

j



To: Andrew Vance who wrote (14957)7/20/1998 2:15:00 PM
From: Patrick Slevin  Respond to of 17305
 
Re-Genned the system

Message 5248472

The other number was not acceptable. Daytraders need at least a 70% success rate and because this is a quasi-day system I could have lived with a bit less as long as the returns were very good.

I'm still running off my older methods but I may just take the system's advice for a positional trade on the next SAR (Stop and Reverse).

It's still risky though. The testing is based on data going back to 1988 and the system was designed to "learn" based on the last 18 months, generating data for the last 4 months.

But I think if I trade it small I can "offset" mechanical errors as long as my older methods do not fail me.



To: Andrew Vance who wrote (14957)7/20/1998 2:25:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 17305
 
<I will give you 20,000 to turn into 400,000 in 20 weeks and then let the 400,000 roll in 8,000,000 >

Classic error by the way. Never pyramid in a futures account----or any other trading account for that matter. Investing, where one adds to a position over time, is another issue.

The results are based on trading a single contract both from the long and the short sides.