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Hi Byculla,
1) Yes, a good deal of time should be spent thinking about the best way to solve the problem. Of course different problems have different requirements. Some complicated problems do indeed follow your 80/20 rule. On the other hand, many other problems are relatively simple to define but time consuming to implement.
I think it was Bill Gates who once said that if everytime he walked by a programmer's office, that programmer was always typing rather than many times sitting quietly thinking, he would think that programmer was not very good.
2) Regarding programmers, it's not so much the money part but the time spent getting the work done and then finding it's not very good. As for unsatisfactory programmers getting weeded out, that's relative. I think most people who hire programmers don't understand the correct way to construct programs. So as long as the program works without major bugs, they think the programmer is satisfactory. My requirements are far more stringent.
3) I've used Jing in the past and found that I can make far better videos with Sony Vegas. I can create the simple screen capture videos you describe, using CamStudio, in about 30 minutes. I've made quite a few videos, unfortunately they have not been about investing. When I mentioned that I have been "meaning to create videos," I meant investment videos as I've been using my video equipment for a few years now.
4) If you have any ideas on licensing I would be open to looking at it.
Regardless of all this, I do understand that I need to get a few more things out -- which I think is your main point. So I appreciate the reminder.
Hello Mark,
Eons ago when I took CS classes I was told to spend 80% of the time planning and defining a problem and 20% of ones time codimg.
Programmes--- check out the Elance site. If the programmer does not perform to your complete satisfaction you do not have to pay. So it is the programmers responsibility to do a good job. The unsatisfactory programmers soon get weeded out.
Video's-- Seems that you are making a big production of what is now a very simple process. All you need is a mike ( input ) and speakers. Download Jing it's free and gives you 5 minites of video ( screen capture ) per video. Start your program, then use Jing to record your voice ( explanation ) and screen movement. Very simple really. Does this site allow attachments ? At first glance this site seems rather limited in it's capabilities.
Software-- being tied to a point gives rise to many scary and unsettling possibilities especially after one is deeply into using it. There has got to be a better way. Licencing is totally a valid concern and so is payment but then one should be free to use it without worring about servers, incapacity etc.
Hello Byculla,
I'm not aware of anyone using AIM for forex, but my guess is that someone out there has at least thought about it. Perhaps asking on the main AIM board will elicit a response.
I have considered outsourcing, but for my three programs, it doesn't make sense. I'm currently working on a unifying framework that will be used by all three programs (and possibly others in the future).
By the time I explain how I want things done, I might as well do it myself. For larger projects there is a definite value in outsourcing, but my investment software is relatively small.
I've worked on a number of very large projects and used to outsource the tedious pieces (mainly to India). Although there were some issues, it worked fairly well most of the time.
I also think that there are relatively few programmers out there who know how to program correctly and finding them is time consuming. So currently the best course is for me to do this part myself.
The new PI does not use AIM to trade. It uses what I call the "Value Trading Algorithm" to manage trades. The book explains it in detail, but at a high level it's a short-term rebalancing strategy.
For the PI book, I do need to get the prices in order. I started selling the e-book in 2004 for $47 and haven't changed that. Then I was able to publish the book and make it available on Amazon and set the price similar to other paperbacks (i.e. $19.99). Most recently I've started selling the book for the iPad through Apple's iBook store and set the price at Apple's recommended $9.99. So you are correct in that the price for the book is all over the place and I need to get the various formats priced closer together.
Regarding videos, I actually have Sony Vegas pro, lights, backdrops, microphones, a teleprompter and cameras (and have had them for quite some time) and have been meaning to create videos. So you are correct that I need to get some good videos out.
As for licensing, I've tried different methods in the past and the current method seems to work the best (especially with most people having high-speed constant internet connections). And since VSS and PI require an internet connection in order to work anyways, adding the license server isn't really that bad.
The issue is that I think you'd be surprised at how many people will like the software and if they are able to use it for free, they will do so. That's just a fact of life (similar to the music world). Since I spend alot of time researching investment methods and then writing programs to implement them, I'd like to ensure that everyone who uses the software pays for it.
To date, there haven't been too many issues and for the issues that arise, I'm able to fix it quickly. I would very much prefer to not have any licensing and rely on people paying of their own free will if they use the software. However that's not been the case in the past and I expect it won't be in the future.
With AI, you can use different data sources (including comma delimited files) in almost any format. VSS is a bit different and not really conducive to using other sources.
The new PI will be similar to AI. I have backtested end of day data for PI but don't have the intraday data for most stocks to backtest them for shorter periods. I would very much like to backtest on 1 minute bars to see if the volatility helps improve returns. If I can find the data, I will do the backtests.
Thanks for your comments and suggestions. I always appreciate the feedback.
Mark,
Since AIM methodology benifits from volatility, has it been tried out with spot forex.
I feel certain that you have a very busy schedule therefore have you given outsourcing your coding any cosideration. I see that your due date for your Pragmatic Investor and your to do enhancement list for AIM must stretch quite far into the horizon. By outsourcing you keep control of design and specification and the tedious coding is outsourced. There are many companies online that are agents for the world's programmers, Elance being one that I used to get someone to write me a EA for MT4. Doing so you can then concentrate on fixing bugs and such like.
In your shortly upcomming Pragmatic Investor sortware, do you use AIM methodology to "trade" your holdings ( I have not yet purchased your book --- by the way why the big varience between ebook price and Amazon )If not do you have a list of the pros and cons of each.
Futhermore with the availability of free video producing software like Jing it is time to crank out some good video's and post them on your site.
Personally I get the impression that you are being a bit paranoid regarding your software being ripped off. Using a software that has to be in constant contact with a key server is a bit limiting and disconserting ( server down unable to use etc. ) Yours is very much a nich software and most people would have a hard time getting their heads round the concept of buying on retracements rather than shorting so limited appeal to be selling on ebay to the uninitiated. Those who want it would buy it for the ongoing support.
Using yahoo to get free data updates is a great idea but one should also have the ability to use other sources. Have you backtested using 4Hr., 8 hr. etc. data. After all there is always volitility in the markets just the levels may change.
Thanks.
Hi Neko,
I've found there are some serious issues with just using low PE to find undervalued stocks.
The criteria I used are detailed in the Pragmatic Investor book (http://www.amazon.com/exec/obidos/ASIN/B002ACXX64/automaticinvesto ). Basically it is a combination of VSS-like fundamentals, valuation, dividend yield and then managed by the Value Trading Algorithm with a 3% trigger).
On the fundamentals side, you can get a good idea of how I evaluated the CDN banks from here --> http://valuestockselector.com/HowToInvest.html
There were some times when I also ignored the Value Trading Algorithm recommendations if the price difference was close to the trigger value and I wanted to catch dividends in a target bank (so, for example, if I held CM and the price difference was, say, 2% wrt BNS, then there were times I'd make the switch to BNS from CM in order to capture the BNS dividend even if the target price difference of 3% wasn't hit).
This might not be a valid strategy right now, but during 2008/2009, some banks (BMO and CM) had dividend yields above 10% while BNS, RY and TD were into 8% territory -- so capturing those dividends was attractive. Furthermore, they didn't always seem to drop by the dividend amount on the ex-div date (which I found strange, but profitable)
Yes, PI 3.0 will have a trial version so you can run it through its paces to see if it's right for your investing style.
If you have any other questions, please feel free to let me know.
Hi Mark
I read david dreman who uses Low PE stocks select superior performers in an industry. What criterias did you use to sell or buy the canadian bank stocks.
What exact amount of difference in performance told you to sell or buy.
I am glad to see your program will be along soon. Will it also have trial versions like your Automatic Investor. I'll probably be one of the first to get it.
Respectfully
Neko
Hi Chrismac,
AIM won't beat B&H in a market that goes straight up. However there is no market that goes straight up over the long term. So it's best to think of AIM as a long-term investing strategy.
Some people use it with a shorter time horizion in mind, but I've found that you need at least 5 years (on average) to really start seeing AIM work for you.
If you're interested in a shorter-term strategy, I'd recommend something other than AIM.
I hope that helps. Please feel free to post any other questions.
Hi Chris
>>>>Seems like you want more volatility then a market that goes straight up<<<<
I assume you are talking about AIM?
The purpose of AIMing is to take the emotion out of owning stocks (ETFs and funds are safer) and force you to sell as they go up and buy as they go down. If you have a long run you may achieve 80% cash but wouldn't you want to be in that position in 2000 or 2007?
AIM is the only method that I know of that doesn't try to predict the market but just reacts to it instead. With other methods you are buying because you THINK it will go up or selling because you THINK it will go down.
Have you been on the AIM board and Tom's website www.aim-users.com
Toofuzzy
Thanks for the response. Was wondering how this system would work in a generally positive market like we saw between 2002 and 2007? Seems like you want more volatility then a market that goes straight up.
Hello Chrismac,
ETFs are an excellent choice for AIM given 2 constraints.
1) The ETF should hold highly correlated underlying equities. This is because AIM thrives on volatility and if the ETF is holding uncorrelated equties, some volatility will be diversified away.
2) The fees associated with the ETF are relatively low (here I'm referring to the management fees, not the brokerage commissions -- although those should be low too).
If your portfolio is large enough, it is reasonable to hold some high-quality individual equities that you are very familiar with and have had the time to study in detail, and hold some other type of industries or sectors, that perhaps you are not familiar with or have not had the time to study in-depth, as ETFs.
For example, you might want exposure to gold stocks or Chinese technology stocks. You might not know much about gold stocks and might not know anything about individual Chinese tech stocks. In this situation, a good ETF holding gold stocks and another holding Chinese tech stocks would be less risky than actually trying to construct a portfolio of individual stocks.
In Automatic Investor, you would put each ETF into a separate portfolio and use the Asset Allocation function to tell you the proportions.
There's a blog post you can read here --> http://www.pragmaticinvestor.com/blog/2009/09/04/how-to-use-etfs-for-safer-more-secure-portfolios/
As Automatic Investor's developer, I can't really answer your second question in an unbiased manner. However I can say that since I developed the first version, over 10 years ago, I have updated it to include numerous actual user suggestions and am very confident that the majority of AIMers, who use AIM software, like it very much and place it at the top of the AIM software heap.
Hi chrismac100
The one risk with AIM is you buy a stock that goes to zero. With funds you will tend to have less volatility but you avoid that risk. So I use mostly ETFs. You want to avoid the inverse and 2 and 3X ETFs because they do not track their indexes accurately enough.
If you are going to start an investment with $10,000 in stock and $5,000 cash it takes a lot of money to diversify enough to not mind losing one account.
Toofuzzy
Was wondering if it would make more sense to use a volatile etf because of the diversification or a stock in the AIM program. Also any thoughts on the Automatic investment software?
Hello 1step,
AI retrieves its data from Yahoo! Finance and therefore requires the tickers to be what Yahoo! recognizes.
For Berkshire, the ticker is BRK-A (for the A shares) and BRK-B (for the B shares).
I am trying your automatic investment software.
When I try to load berkshire hathway , Warren Buffe'ts company. your software doesn't recognize it. How would i put in its symbol? I tried analyzing historical data.
Hi AIMster,
I have a similar setup (i7 9GB DDR3 RAM, 64 bit), with the difference being that I'm running Windows 7 Pro rather than Vista, and AI works with no issues.
However I have had a couple of Vista/Windows 7 users run into permission problems because Vista and Windows 7 are more strict on what folders normal users can access.
If you do run into a permission problem, just let me know and I'll walk you through the fix.
Otherwise enjoy the new machine. I love mine and it takes MUCH less time to do long analyses than on my old dual core AMD.
BTW, currently AI's performance improvement is simply because of the increased processor speed and faster memory. However now that multi-core/multi-threaded processors are becoming the norm, the next version of AI will take advantage of the multiple cores and actually allow you to do some things in parallel (such as running an optimization in one thread while running a historical analysis in another at the same time).
Hi, Mark,
I just got a "screaming meemie" of a PC with the i7 chip on it, 9 Gb of RAM, yada yada yada and Windows Vista Home Premium, of the 64 bit variety to access all that memory, heh, heh, heh! :)
Will AI run in that environment okay, or should I leave it on the old machine on XP-Professional? Wanted to ask before I even thought of moving it over.
Thanks,
AIMster
I replied Mark, let me know if I didn't give you
enough info.
Hi FB,
I sent you an email about this.
Internal error 339
My AI is not working,,,,,some kind of registration
error thingy. Won't shut down either, I have to force a restart
to get out of it,,thanks
Hello 1step,
Yes, some people do use the software to gauge market valuation and it makes sense to do so. When VSS shows that there are many undervalued stocks, the market is generally undervalued and vice versa.
Keep in mind, however, that the stocks selected by VSS using its default settings don't just check for value but also for fundamentals strength. This means that there could be cases where VSS results don't match what the overall market is doing.
Think of it this way: VSS filters stocks using 3 main filters. First it filters on Fundamental strength, second on moat strength and third on valuation. If the subset of strong fundamental stocks behave similarly to the broad market with respect to valuation, then VSS results are a good proxy for the overall market.
On the other hand, there could be situations where the fundamentally solid stocks don't behave like the market and thus VSS results would not act as a good proxy.
However I think that in the general case, you can use VSS's results to gauge the markets as you suggested. Just keep in mind the caveats I mentioned above.
You can also use it to confirm results from another tool (such as the vWave). In fact I believe the vWave is currently recommending holding more cash right now and that would confirm the VSS results.
Feel free to post your question over at the main AIM board. I'm sure there are people using VSS (or the built-in AI fundamentals analyzer) in similar ways.
I hope that helps. Let me know if you have any other questions.
hello aptus
I was wondering if the number of stocks selected by the value stock selector in default settings could be used as an indicator of stock activity. Today only 8 stocks were selected. In the past near the bottom of the market many nmore were selected. I didn't keep records .I wish I did. Could it be used like a v wave indicator on the aim users board, for overbought or oversold markets. I will wait for your answer then repost this on the aim board if it is ok with you. Thjey might know the answer.
Hi AIMster,
"And, Real Soon Now, should be a done deal, right?"
C'mon, it's only been 15 months or so since it was supposed to be released
New Pragmatic Investor 3.0 screenshots are now available here.
Lookin' good!
And, Real Soon Now, should be a done deal, right?
We'll stay tuned. Might make me wanna throw a few $$ at individual stocks again - pragmatically speaking, of course!!!
Best,
AIMster
New Pragmatic Investor 3.0 screenshots are now available here.
Hello Neko,
The Value Stock Selector (VSS) is a stand-alone program that is different from the Pragmatic Investor. VSS is currently at version 4.0 and version 5.0 isn't scheduled for some time (as v4.0 was just released this past summer).
The Pragmatic Investor (PI) is currently being updated to version 4.0 and will include everything in VSS 4.0, plus much more. It will be completely different from VSS.
PI will add many new functions, including a portfolio manager (much like Automatic Investor's), backtesting tools, charts, reports and such.
A big addition will be the Value Trading Algorithm function that is described in the current edition of the Pragmatic Investor book.
With the new PI, you'll be able to find great stocks with strong moats, just as you do now with VSS, but then you'll be able to sort them into groups based on their correlations, diversify and allocate them automatically and then manage them using the Value Trading Algorithm with just a few mouse clicks.
It will also take care of tracking any stocks you own and issuing alerts on when to sell either because their fundamentals have deteriorated, their fair value prices have been reached or your current portfolio allocation has strayed significantly from the required policy and thus needs to be rebalanced.
My goal is to make PI a program that will completely automate every aspect of building and managing a strong portfolio.
To anticipate your next question, I do not know when the new PI will be released. It was scheduled for this month (December) but that date won't be met. I'll have a better idea of a realistic release date in January.
I hope that helps. Let me know if you have any other questions.
Thank you for your answer
I am a bit confused is the value stock selector software the same as the pragmatic investor software?
Will the new version be called value stock selector or the pragmatic investor software. Are they the same?
I am awaiting the release of the pragmatic software . How will I be able to know which is which. As in a mailing alert you hinted at release number 5 of the value stock selector is that also the pragmatic investor software?
Respectfully neko
Hi Neko,
The hardcopy book has the same material as the digital version (both have the most up to date material).
The advantage to the digital version is it is in PDF format and therefore fully searchable.
Re pragmatic e-book and hard copy book
Does the book offered by LULU on amazon.com haved the new material or is it older material. Is it the second edition and the same as the new pragmatic investor E book.
Re pragmatic e-book and hard copy book
Does the book offered by LULU on amazon.com haved the new material or is it older material. Is it the second edition and the same as the new pragmatic investor E book.
Hi Neko,
Yes, the Value Stock Selector software (http://www.ValueStockSelector.com ) is based on the same methods and techniques for selecting and valuing stocks as described in the Pragmatic Investor book (http://www.PragmaticInvestor.com/book ).
The "new version" refers to the Pragmatic Investor software.
However a new version of the Value Stock Selector software (v4.0) was just released this summer (the PI software will contain all the functionality of VSS 4.0 but add many other functions). It is scheduled for release shortly (although no firm date has yet been established).
The latest version of the Pragmatic Investor book describes what will be in the Pragmatic Investor software (including the Value Trading Algorithm).
Currently there is no active forum available, but that will change once the software is released.
I hope that helps. Let me know if you have any other questions.
Hi neko
glad the paper and pencil is working out. Let me know if you find any discrepancy with the QUICK AIM CALCULATOR.
You will really like the hold zone feature.
You can write down the hold zone on an index card and if a security is within the hold zone you do NOT have to do a calculation that month.
You will find you will have no trades for a few months and then have a string of trades for a few months as a security trends for a while in one direction.
For some stocks to practice with (using historical prices) play with WRI, FUN, CREE, FTEK, SPWRA, GLD
These are NOT buy recomendations!!!!!!!!
Toofuzzy
Hi neko
Something with a higher BETA will move up and down more. You can find BETA at yahoo
1) go to yahoo finance
2) enter a stock or fund
3) if it is a stock, on the left look for "KEY STATISTICS" and click on that
If it is a fund, look for "RISK" and click on that
4) Look for BETA in the list of statistics
Remember if a stock has a higher BETA that just means you will :LOSE money faster in a down market!
I don't believe I am helping you with the above answer though. Remember to be careful what you wish for!
A little knowledge is dangerous.
While a slightly higher BETA is good for funds that can NOT go to zero. Individual stocks can go to zero and a higher BETA may just allow them to get there faster!
The purpose of AIM is to REDUCE RISK and to get rich slowly.
The best way to get rich sooner is to start last year and to save more. It also doesn't hurt to need less also.
You may want to ask your questions on the AIM board
http://investorshub.advfn.com/boards/board.aspx?board_id=949
I don't know how much money you have but personally I don't like to start an individual AIM account with less than $15,000 ($10,000 stock and $5,000 cash) That creates a minimum trade of $500 (I really don't want want to bother trading less than that) If I want to own ONLY individual stock I would want to own a MINIMUM of 10 and maybe 20 stocks. If one of 20 stocks goes to zero that would be a 5% loss.
With funds I would be comfortable starting with one Large cap stock fund, then two years later adding a small cap stock fund, and then eventually adding a foreign fund, a REIT fund, and then a short term bond fund. A total of only five at a minimum.
Toofuzzy
To tofuzzy and others. Thank you.
I have started doing aim by hand and it has helped organize my mind in understanding the theory and practice.
My two stocks are very placid and poor aim choices. How, where do I find stocks that have better fluctuations and more frequent fluctuations.
I received a free subscription to IBD news paper. Is any of their ratings usefull in picking aiming stocks?
To tofuzzy and others. Thank you.
I have started doing aim by hand and it has helped organize my mind in understanding the theory and practice.
My two stocks are very placid and poor aim choices. How, where do I find stocks that have better fluctuations and more frequent fluctuations.
I received a free subscription to IBD news paper. Is any of their ratings usefull in picking aiming stocks?
To tofuzzy and others. Thank you.
I have started doing aim by hand and it has helped organize my mind in understanding the theory and practice.
My two stocks are very placid and poor aim choices. How, where do I find stocks that have better fluctuations and more frequent fluctuations.
I received a free subscription to IBD news paper. Is any of their ratings usefull in picking aiming stocks?
Hi neko
One more suggestion I have is to learn and do the calculations by hand for awhile and just use my calculator to check yourself (and vise versa)
The main reason I developed the software was to calculate the HOLD ZONE not the actual trades that I could do by hand.
By figuring out the hold zone I then only needed to do the calculations if a security was OUTSIDE the hold zone at the monthly checkup.
Toofuzzy
Toofuzzy thank you for your guidance I read the book.
I also visited the web site for aim-users. That site was very informative.
I also found on the site an Aim calculator and spread sheet of your invention. Thank you for referring me there. I'll use them well.
Mr. Lichello seems like an interesting man. In general is there a biography I can read about him?
I'll keep you posted of my progress
respectfully
Neko
Hi Neko
For AIM investing go to this board.
http://investorshub.advfn.com/boards/board.aspx?board_id=949
and this site
www.aim-users.com
Also realize that AIM buys as a security goes down, you buy more. If it goes to zero you lose everything that was allocated to that security.
If you use funds or ETFs you avoid that one risk of AIMing
If you want a diversified portfolio of Large Cap, Small Cap, Foreign, REIT, Bond, you could use for instance IVE, IWN, EFA, ICF, SHY
For energy you could add IYE and for materials you could add IYM but you would then have some overlap with the funds above.
You could also just diversify by industry.
Check out the AIM ETF board also. and don't forget to buy the book all this is based on.
Just a starting point
Toofuzzy
Pragmatic Investor and Software.
Your aim software made me realize I am not sophisticated enough to choose my own stock.
I really need to go to school on stocks and learn more.
I realized that I am a cautious investor. I read your two chapter download of the PRAGMATIC INVESTOR. I feel more comfortable with its style. Is your value software based on this philosophy?
If so I would like to order it. Your web site says a new version will be out? Will this be a new book or new software or both ?When will this be the out? Will this be different from what is now around?
Is there a forum or board devoted to this style?
Hi Neko,
It will eventually stop on its own (usually you'll get more than 10 days to try it).
I have initiated the use of the program. At tbhe end of the 10 days does it stop on its own or do I have to uninstall it myself?
1) I'll have to give adding the number of shares to trade to the Portfolio Manager some thought. For multi-equity portfolios, this won't work and so won't be consistent. On the other hand, you can always double-click on the portfolio in the portfolio manager list and view the number of shares to trade on the main window (I know, it's an extra double-click). I'd like to keep it consistent so I'm leaning towards not doing that (but I'll do some thinking on it).
I can see where that would be problematic on the portfolio mnaager screen, but perhaps it could be added to the report - on a multi-holding portfolio the report might need to list each possible holding as a sub-line, but I think giving this to the report would be less intrusive than modifying the main screen.
AIMster
Hi AIMster,
1) I'll have to give adding the number of shares to trade to the Portfolio Manager some thought. For multi-equity portfolios, this won't work and so won't be consistent. On the other hand, you can always double-click on the portfolio in the portfolio manager list and view the number of shares to trade on the main window (I know, it's an extra double-click). I'd like to keep it consistent so I'm leaning towards not doing that (but I'll do some thinking on it).
2) There's a suggestion to sort the Portfolio Manager list already on the AI enhancements list. When that's implemented you will be able to click on the "RECOMMENDATION" heading and sort by buy/sell/hold (which will effectively group all the buys, sells and holds together).
Thanks for all the suggestions. Please keep them coming.
Hi Jimbo
RE What to invest in.
One "problem" with AIMing , and the only one I can see, is an individual stock going to zero.
Funds of any type avoid this "problem".
Of the two types (passive and actively managed) passive index funds are the cheapest and the most transparent in what they own.
For mutual funds Vanguard can not be beat.
Exchange Traded Funds are excellent also.
With both you can choose to diversify by either style, or industry.
For AIMing having a slightly higher beta(volatility) than 1 is better but this is more of an issue with individual stocks and industry funds than of style funds. For instance a Biotech fund might be better for AIMing than a Healthcare fund.
In any case you don't want to own two funds that hold the same stocks. For instance a saw both a growth and value fund from the same company have fairly large holdings of Microsoft.
Toofuzzy
Another couple for the suggestion box would be for the report off the portfolio manager screen to list the number of shares to buy or sell along with the dollar amount. Sorting the report to group all the buys, sells and holds together would be helpful too.
Thanks!
AIMster
Hello Jimbo,
Optimization is a very difficult thing to do. The problem is that it is too easy to curve fit data to past performance and see great results. However the probability that stocks and markets will behave exactly as they have in the past is very small.
To get around this, a number of methods were created, some very good and others useless. One of the methods I like is called walk forward testing (just Google "walk forward testing" or "walk forward analysis" and you should get lots of results). While it doesn't guarantee that models created using this method will work 100%, it does eliminate many of the problems associated with how most people approach optimization.
Also, the more variables you use, the greater your chance of error. So, in general, it's best to select a few variables that have the greatest impact on how the system performs (in AIM's case Buy and Sell Resistance are two of the main ones) and optimize, using walk forward testing, on these.
I hope that helps.
Aimster, Aptus and others, So one of the critical things that must be mastered is selecting the right investment vehicle. I have been invested in stocks for some time and my fund portfolio is up %20 since 3 Nov at about the bottom. But I want to master backtesting different funds and ETF's. So backtesting and testing the Options and Filters is probably the best way to get the best results. I go to Schwab where I have an acct and can get good historical data to start with, then I can run them through the Optimizer and fine tune them. I think this will get me the ability to pick really good funds and ETF's. Your thoughts................Jim
That beep is actually a system beep that is automatically played when a warning window pops up. So I can't have AI disable it without affecting the rest of the system.
I get it, not a "bug," a feature! <grin>
Your suggestion sounds good. Look forward to it!
Thanks,
AIMster
Hi AIMster,
That beep is actually a system beep that is automatically played when a warning window pops up. So I can't have AI disable it without affecting the rest of the system.
However I do have an item on my list to give the option of not having the windows come up when doing a multiple portfolio update. The new recommendations can then be viewed from the Portfolio Manager window. So hopefully that will allow you to get around the annoying beeps.
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