I. AI College session ends December 13
This is your last chance for a while to take the NeuroShell Trader Professional Advanced Course. The current session ends Dec. 13. This is an online course you can take wherever you have a computer and Internet access. The focus is on practical, common sense usage of neural networks, traditional trading strategies, and genetic algorithms. The course consists of 39 lessons, which have a combined 69 slides, each with an audio clip, and 22 of them also have video clips. The audio and video segments are on a CD we send you and the rest of the lessons, including a class discussion forum, are on the web. For more information, visit www.aicollege.com and select course catalog.
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II. This year marks the twentieth anniversary that Ward Systems Group has been in business. We want to thank all of our customers, past and present, for keeping us in business by buying our products. To show our appreciation, all of our software is 15% off from now until December 1, 2002. As always, we cannot combine this discount with any other promotions or discounts.
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III. Price increase?
Yes, we are still seriously considering an across the board price increase on our software. Like most companies, we have been hit with huge price increases in employee health care this year, and other cost increases. We haven’t decided to raise prices for sure, but we want to warn you in case you have been putting off purchasing something. Now is the time, especially with our twentieth anniversary sale on.
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IV. Working systems – opinion from CEO Steve Ward
NeuroShell Trader users are frequently asking that we provide “working systems”, by which they mean trading systems they can just load up and make money. Well, we provide dozens of them; maybe you just haven’t seen them.
Every month experts from all over the world publish their “working systems” in Technical Analysis of Stocks and Commodities magazine. The magazine picks out one or two and sends them to Ward Systems in advance of publication so we can publish how that system can be implemented in NeuroShell. As soon as the article is published we put the chart and any custom indicators we had to build up on www.ward.net for all users to access. Believe me, this work takes a LOT of valuable time.
Sorry, but we aren’t allowed to reproduce the articles themselves. The magazine owns the copyright. You might be able to figure the system out from the chart, but you’d be better off ordering back copies of the articles from the magazine if you don’t already subscribe. They even sell a historical CD.
Most of these articles are written by writers with an agenda – usually they want to sell you the system they figure is too complex for you to program yourself. Often they leave out critical details, but we do the best we can to reproduce the system the author is “selling”.
Of course we can’t guarantee results you might get months later (or even when the article was first written for that matter). That is the raw truth about “working systems” – they usually stop working after a while as the market dynamics change. The old patterns aren’t there anymore. But maybe all you have to do is optimize them for current conditions, or tweak them in some other way, like feed them into a neural net. Then you’ll have an “evolving system”, which I think is a more practical system.
So I hope you’ll take advantage of all the time we spend bringing you the “working systems” of the experts, including one by our own Marge Sherald, who left out no critical details: Trading Fuzzy Patterns (September 2002).
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V. No more newsletters in the future?
No, we aren’t ending this newsletter. But you will think we did if you change your email address and don’t send us your new one!
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