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Warren_

09/25/02 10:07 PM

#280 RE: Qarel #276

Qarel:

You make no profit with SAFE = 0, and I don't think a
a "minimum order size" will work well. I haven't tried
it yet so I don't know quite how to go about "making
it happen" so I'd need to listen to the chat/debate
before I'd have any clear idea about how to go about
implementing it.

Of course I'm interested in trading the volatility.
Mr Lichello argued that the algorithm NEEDS
volatile stocks to work well. I've heard of X_DEV
and as I understand it, it uses "moving averages"
and the AIM algorithm to determine how much to
buy and when. If my guess is right, you need to
update the X_DEV software daily so that it can
develop the "moving averages". My solution
tells the owner at what price the next buy (or sell)
will happen. All the operator has to do then is
wait until the StockPrice crosses those marks.
Once the mark is crossed, enter the price, read
how many shares to trade note the next
Buy/Sell prices and wait or go golfing (or whatever)
until the StockPrice crosses those new marks.

I worked out a lot of bugs (I think) and its operation
has been made supremely simple.

As for just purchasing X_DEV, I pretty much had
my spreadsheet created and finished before I got
here and heard about X_DEV for the first time.
From what little I've seen of most of the
AIMish software, it seems the BuySAFE and
SellSAFE numbers are almost always 5 or
10%. The people who operate this seem to be limited
about what numbers they can pick from; that's a frowny
face. I don't know, limited selections and having
to daily log in to tell the software the date and
price of the shares I'm interested in is a small
chain, but a chain nonetheless. If I had it handed
to me in a box, I'd probably start tinkering shortly
after opening it.

Engineers are all tinkerers at heart it seems.
Should I be embarrased?

Oh well, still

I wish you well,

Warren_