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Strategies & Market Trends : Neural Nets - A tool for the 90's -- Ignore unavailable to you. Want to Upgrade?

To: F Robert Simms who wrote (297)	11/25/1998 9:11:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 871

Unlike Cook I use real commissions, 35 bucks total. I never count slippage and the point value is real, $250. I don't find that slippage on MOC orders is significant. In any event, I've been fencing with Cook and Keri on data entry problems once again. Frankly, I am getting a bit out of sorts with this. I'm the only person....as far as I know....that actually trades for a living and trying to use Profit. If I'm having this much trouble then perhaps it's all pie in the sky BS. It's seems most who try to do this do not have a clue. Look at the guys who went to the Seattle meeting. Not one except for Howard Bandy made their living this way. I'll continue to futz with it but even with the results I got from the models I have to say that I'm not encouraged. It's just too much work and Cook isn't helping much. If I am having problems loading data into Profit and Cook cannot figure out why then why should I bother. I would have to say that figuring out whether to go long or short using a Neural Net is no more difficult than looking at trend characteristics. I do not need to spend hours working on a Neural Net to tell me what is patently obvious in the first place. The machine says buy and hold for a period of time, then sell and hold for a period of time.... So what? Ground Zero does the same thing with an A/D indicator. I would wager that GZ does no better nor worse with a heck of a lot less effort.