Group efforts have failed consistently. People are ready and willing to help with programming and technical issues but when it comes to sharing serious ideas on trading systems it simply doesn't happen. Dimitri might have been an exception by sharing many excellent ideas however his systems were always long term, such systems are not easily jeopardized by over-trading. Many of his systems can be found in the library, I haven't tried any lately so it is hard to say whether any would still be working... most systems have a definitive lifetime. There are many private groups that share internally and appear (not sure) to do reasonably well.
Perhaps there simply aren't many good mechanical systems around. Personally I believe that the most successful traders are successful because they use good judgement and money management, not because they have a good mechanical system. I also think that a trending market and lots of good luck are critical ingredients for many traders. Also, adequate money for a portfolio or a stomach for 13% DDs may be required to succeed - I wonder how many are in such a position? best regards, herman --- In [email protected], "kevinoversby" <[EMAIL PROTECTED]> wrote: > > Thanks Randy! > > Your post just set off the lightbulb - that timing issue completely > explains the outperformance. > > Herman - your question is academic now unfortunately but I think the > answer would be that the results do not change much. > > There is some work I have been doing on tradeable instruments such as > DIA using the individual components (based on Dimitri's work). This > in turn was inspired by the results obtained by www.dowtrader.net > using a similar approach. Do you think there would be any interest in > collaborating on such an EOD system on this board? > > Kevin
