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

To: Tom Trader who wrote (8494)	11/13/1998 11:39:00 AM
From: Jerry Olson	Read Replies (2) \| Respond to of 44573

TT it looks as if the markets are simply ignoring bad news/re semis!!! sooooo far beit for me to stand in the way of that!!!! i'm going to patiently wait for Alan...i do have that control lately... damn!! i almost bought AOL again in the recent sell off for the run into the split...what a nice co....

To: Tom Trader who wrote (8494)	11/13/1998 12:12:00 PM
From: Stoctrash	Read Replies (1) \| Respond to of 44573

Tom & all, When building or looking at a trading system, what numbers are you looking for?? For instance, just using the PSTOP system itself on many indexes and stocks I'm seeing decent results: winners and loosers are about even some times 60% sometimes 45%, but avg. gain is like 2-1 or 3-1 & I know Tom has said this is (obviously) one of the things he looks at. (I know I posted some incredible numbers on it before...but that was a SW screw up and not correct as expected & I now have it corrected and more realistic #'s) I have not added a profit goal or stop to it yet....but I'm sure that will help. I know MDD or maximum drawdown is also important, but what are some thresholds that you guys look at. I know Appel likes 3-1 avg gain or so and has seen good systems that only bat .500 or less. Thanks...