Posted by shinings on 21st of Oct 2011 at 03:20 pm
Matt - very good points here. I agree that no system can ever
guarantee any results by itself.
But as the owner and seller of this SPY system, you and all of
us members are sharing something in common, that is "to make
profits off of it". In my mind, I'm completely ok with paying $ for
a system that does well. And i believe you set the price based
upon a premise, which is the 17-year backtest, which is what got me
and people here interested. However since launch, call it luck or
unluck, the performance wasn't on par with the premise it was based
on. Therefore, I think some relief on the membership fee or
something would be very much appreciated by all the members who are
all going thru difficult times. At the same time, one can argue if
the system does exceptionally well (better than the history data),
can you raise the membership fee some and will people still like
it? I don't know. I think we all ought to ask this question to
ourselves.
Again, as you can see i'm trying to be unbiased and look at the
situation from both sides. But emotions are built-in in all
human beings, and please don't take offense if any of the comments
here get "too sensitive". Ultimately, like i said, we all share
something in common - "to make profits from the system". Nobody is
trying to do anything harmful to the system (or the community
here), at least not intentionally. That's the bottom line.
BTW, can't wait to see your analysis over the weekend.
Cheers!
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Matt - very good points
SPY System Performance vs. Market since first trade
Posted by shinings on 21st of Oct 2011 at 03:20 pm
Matt - very good points here. I agree that no system can ever guarantee any results by itself.
But as the owner and seller of this SPY system, you and all of us members are sharing something in common, that is "to make profits off of it". In my mind, I'm completely ok with paying $ for a system that does well. And i believe you set the price based upon a premise, which is the 17-year backtest, which is what got me and people here interested. However since launch, call it luck or unluck, the performance wasn't on par with the premise it was based on. Therefore, I think some relief on the membership fee or something would be very much appreciated by all the members who are all going thru difficult times. At the same time, one can argue if the system does exceptionally well (better than the history data), can you raise the membership fee some and will people still like it? I don't know. I think we all ought to ask this question to ourselves.
Again, as you can see i'm trying to be unbiased and look at the situation from both sides. But emotions are built-in in all human beings, and please don't take offense if any of the comments here get "too sensitive". Ultimately, like i said, we all share something in common - "to make profits from the system". Nobody is trying to do anything harmful to the system (or the community here), at least not intentionally. That's the bottom line.
BTW, can't wait to see your analysis over the weekend.
Cheers!