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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: SE who wrote (7059)	10/22/1998 8:47:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

Well, a few Minis. I do like trading the spoo for the same reason. In and out, no discussion. Unlike some threads on SI this thread will have people making money both ways and no one gets upset about it. I guess I like that. JM would be long and I would be short and at the end of the day we would both make money. no animosity, no bad feelings. I wish I could express myself to Tom better, however. Take a poorly designed system. The Spoo is at 1100. My system is fine and tells me to sell and yours says to go long. The Spoo drops to 1050. Loses 50 points. You decide to trade against the system and it says at 1050 to sell so you go long. The market drops to 1025. Now, the system still stinks. It lost 25 points net. But you lost 75. It's hard to define a bad system. It's a snapshot. One minute you lost 50, the next 25...no matter what you are getting crushed. Trading opposite to a faulty system is definitely an error. I'm sorry to waste time on this but the logic, the logic to trade against a system that has a lot of variables designed to track a market in such and such a fashion is beyond my ken. A losing model just cannot be trusted to lose all the time. Screw it. If Tom wishes to pursue this I will but the concept just escapes me.