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Limit, and on Stop. As can be seen in Table 12-3, the entry model produced by the evolutionary process was profitable across all three order types, both in-sample (as would be expected given the optimization power of GAS) and out-of-sample. In-sample, no return was less than 42% (annualized) for any order. The dollars-per-trade figures were all greater than $14,000, and not one system had less than 60% wins! Out-of-sample, there was more variation. With entry at open and on limit, performance continued to be stellar, with the average trade above $10,000 and the return on account above 60%. With a stop order, performance was not quite as good: The return on account was only 11%, and the average trade yielded $4,246. The only distressing aspect of the results is the small number of trades taken. For example, in-sample, with entry at open, there were only 43 trades taken over a lo-year span on a portfolio of 36 commodities. Out-of-sample, there were only 17 trades over a 5-year period; the trading frequency was roughly constant at approximately 4 trades per year. The rules were apparently detecting unusual (but tradable) market events; the model engaged in what might be termed rare event trading, which is not necessarily a bad thing. An assortment of systems, each trading different rare events, could yield excellent profits. When working with a system such as this, trading a portfolio of systems, as well as a portfolio of commodities, would be suggested. In the current situation, however, few trades would place the statistical reliability of the findings in question. The entire problem can be dealt with by using a somewhat more complex way of handling larger combinations of rules.



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The InterNIC was also responsible for the management of the Domain Name System (DNS), the massive, distributed database that reconciles host names and IP addresses throughout the Internet The InterNIC and its overall role have gone through a series of significant changes in the last decade In 1993, Network Solutions, Inc (NSI) was given the responsibility of operating the InterNIC registry by the NSF and had exclusive authority for the assignment of such domains as com, org, net, and edu NSI s contract expired in April 1998 but was extended several times because no alternate agency existed to perform the task In October 1998 NSI became the sole administrator for those domains, but a plan was created to allow users to register names in those domains with other companies.





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A 0 to 1 value decreases the height of the scaled object A value set to more than 1 increases the height of the scaled object A 0 to -1 value flips the scale object and decreases its height A -1 value flips the scaled object but does not change the vertical size A value less than -1 flips the scale object and increases its height Defines the x-axis skew angle, which is measured in degrees counterclockwise from the y axis A skew transform can be useful for creating the illusion of threedimensional depth in a two-dimensional object The default value is 0 Positive value results in the counterclockwise skew Negative value results in the clockwise skew Gets or sets the y-axis skew angle, which is measured in degrees counterclockwise from the x axis.

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At roughly the same time, responsibility for IP address assignments was migrated to a newly created organization called the American Registry for Internet Numbers (ARIN) Shortly thereafter, in March 2000, NSI was acquired by VeriSign The most recent addition to the domain management process is the Internet Corporation for Assigned Names and Numbers (ICANN) Established in late 1998, ICANN was appointed by the US National Telecommunications and Information Administration (NTIA) to manage the DNS Of course, it makes sense that sooner or later the most common toplevel domains, which include such well-known suffixes as com, gov, net, org, and net, would be deemed inadequate And sure enough, in Novem-.

Tests 4 through 6: Short-Entry-at-Open Model Tested on Entry at Open, on Limit, and on Stop. In all cases, the performance of the best evolved short entry

There is an island in Franz Josef Land, near the Arctic Circle, called Zemlya (Russian for land ) Alexander Graham Bell. I would love to know why if anyone knows, I d appreciate an e-mail!

Downloaded from Digital Engineering Library @ McGraw-Hill (www.digitalengineeringlibrary.com) Copyright 2004 The McGraw-Hill Companies. All rights reserved. Any use is subject to the Terms of Use as given at the website.

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