O.K Can't disagree with any of that. The AFL reference is open. I'm studying.
BrianB2 O:-) --- In [email protected], "Howard B" <[EMAIL PROTECTED]> wrote: > > Hi Brian -- > > You comment about who is a programmer and who is not, and say that Tomasz is > a programmer. I am a former university professor known as a tough grader. > If you put Tomasz in the same "class" with all the other programmers in the > world, then grade on a linear scale that includes him, 80% of the class gets > C or lower. Tomasz is a wizard!! > > In my opinion, no one will be able to master AmiBroker to the point of > writing and validating profitable trading systems without being able to > program their own ideas into AFL. > > For those thinking of finding a different platform with a simpler interface, > I'll expand that statement to include TradeStation, WealthLab, MetaStock, > and all the others, along their respective trading system development > platforms and programming languages. AFL has the tools we all need to > create profitable systems. Simpler languages lack the necessary tools. One > of the costs of developing profitable systems is the effort necessary to > understand and use the tools. Our competition -- the counter- parties to our > trades -- take this very seriously; we should, too. > > AmiBroker and AFL are head and shoulders above the competition. Plan to > spend the time and energy to become good at using them. No whining. Grin. > > Thanks for listening, > Howard > > > On 3/11/07, brian.z123 <[EMAIL PROTECTED]> wrote: > > > > Hello Tim, > > > > Great post. > > > > In the hall of the mathmeticians I carry a white cane but I still > > found my way to the quants table. > > > > BrianB2. > > > > > > --- In [email protected] <amibroker% 40yahoogroups.com>, "nhat8888" > > <nhat8888@> wrote: > > > > > > Great discussion. I was a reviewer for Howard's book and found it > > an > > > incredible source to help me think "logically and scientifically" > > > about Quantitative Trading. Howard is a lot like your favorite > > > college professor, he knows his stuff but is also very patient as he > > > helps you find your way through the vast amount of information > > needed > > > to be successful. I think the detailed way he explores the idea of > > > having your own personal "objective function" (which measures the > > > goodness of a system) is worth the price of the book. If Van Tharp > > is > > > right that the "Holy Grail" to trading is designing a system that > > FITS > > > you, then Howard's "objective function" is what gives you a very > > > meaningul and measurable way of doing it. It helps you to design a > > > system that you will psychologically be more apt to follow. > > > > > > The beginner may struggle from time to time, since Howard does not > > > hold back his intellectual punches, but it is really perfect for > > that > > > person since it gives him or her a set of really good habits to > > learn > > > at the beginning. Unfortunately, Howard's book taught me there are > > no > > > shortcuts. You must be statistically rigorous. You must walk- > > forward > > > (which I strongly recommend doing with Fred Tonetti's breakthrough > > > "Intelligent Optimizer" software). No sloppy thinking allowed in > > > Howard's world. You simply have to do the design and validation > > > process correctly or you are simply gambling blind. The book really > > > does give you less to "unlearn" later. > > > > > > I have also attended the Bill Barack and Bruce Robinson courses. > > If I > > > were starting this learning process all over again (and I am still > > a > > > novice with much to learn), I would buy the Howard book and attend > > or > > > get a copy of the Amibroker conference CDS featuring Bill Barack > > and > > > Bruce Robinson. They are a great complement and can give you some > > > solid Amibroker footing for future intermediate or advanced work. I > > > go back to Bill and Bruce's material over and over again when I get > > > stuck or need to get clear on something. They are that good!!! > > > > > > Unlike years ago, the beginner Amibroker Quantitative trader has a > > lot > > > more available to get them up to speed. But the rest of the > > learning > > > seems to be only acquired through much experimentation and extensive > > > trial and error experience. Read the book, watch the videos and then > > > practice, practice, practice. > > > > > > Nhat8888/Tim > > > > > > > > > >
