08-02-2010, 12:21 AM
|
#9 |
Join Date: Feb 2007 Location: San Francisco Thanks: 17
Thanked 31 Times in 16 Posts
| Re: UTA Questions Just thought I'd stop in and see who was posting what and to answer any questions that someone might have and noticed that my partner Barry has been taking care of it. Thank you Barry! I apologize for being out of the loop a little bit these past several weeks but I've been traveling and working hard on a new trade system. Soon I will be posting some new results from my own backtesting. I was hoping more UTA users would be interchanging ideas by now on this forum but I guess some things just take time to build. I know that many are finding success with their newly found information as they continue to plot their trades into the UTA. I know of one trader who has taken an already proven system and has been manually backtesting a series of data with a filtering idea he has, and so far, his results seem to be bearing out his theory and he has been able to significantly improve his results.
The important thing is the use UTA for what it is good or, and not try to make it something that it is not. It is a powerful tool but a tool is only as good as the person using it. Give me a hydraulic hammer and I'd probably shoot myself in the thumb whereas a talented builder would do something a bit more productive with it. The UTA can help you stretch your creativity and imagination as a trader. What you can learn by testing new ideas with UTA can only help you become better as a trader. That is its intention. A broader vision and insight into your trade data can only be a good thing. Most people don't bother of course, but then again, most people fail as traders.
LT, thank you for the suggestion. Barry and I have discussed this idea and it might actually find its way into a future version. I'm happy though that you are in contact with Barry directly on this. |
| |