Longmemory
Why do you note the percent wins rather than returns and drawdowns for your systems? Percent wins is not very meaningful. Put a 0.5% profit target on anything and you will get about 80-90% wins but not high returns.
Rod
Search found 17 matches
- Tue May 24, 2011 6:26 pm
- Forum: Testing and Simulation
- Topic: counter trend systems
- Replies: 13
- Views: 8864
- Mon Nov 08, 2010 11:54 am
- Forum: Trader Psychology
- Topic: I decided to override the system today
- Replies: 13
- Views: 17948
- Fri Jan 22, 2010 8:55 am
- Forum: Testing and Simulation
- Topic: Global Exchange Traded Funds (ETF´s), End of Day data vendor
- Replies: 6
- Views: 4945
- Fri Jan 22, 2010 8:14 am
- Forum: Trader Psychology
- Topic: As a Man Thinketh - James Allen
- Replies: 12
- Views: 21308
Brain that changes itself
Completely concur. That is one of the most enlightening books I have read.Horizon21786 wrote: One of my best reads last year on the brain was:
"The Brain that Changes Itself" by Norman Doidge, MD - easy read and very interesting.
- Mon Nov 02, 2009 5:58 am
- Forum: Testing and Simulation
- Topic: Short S&P system?
- Replies: 9
- Views: 7636
The issue is that picking tops is almost impossible mathematically. Strategies that do it also short on strong trends that keep on going up! I beg to suggest that this is not the issue. Picking temporary tops isn't that impossible. And tops don't have to last forever, just long enough to make money...
- Mon Nov 02, 2009 5:56 am
- Forum: Testing and Simulation
- Topic: Short S&P system?
- Replies: 9
- Views: 7636
Re: Short S&P system?
You cannot know where the peak was until it has passed. In effect, traders trying to find peaks only helps the trend traders cause that much more. Instead of trying to trade or find peaks, jump to smaller time frames and trend trade those time frames. For 2-5 day trades look at 10 - 15 bar Donchian...
- Fri Oct 30, 2009 8:28 pm
- Forum: Testing and Simulation
- Topic: Short S&P system?
- Replies: 9
- Views: 7636
- Thu Oct 29, 2009 11:09 am
- Forum: Testing and Simulation
- Topic: Short S&P system?
- Replies: 9
- Views: 7636
- Thu Oct 29, 2009 8:37 am
- Forum: Testing and Simulation
- Topic: Short S&P system?
- Replies: 9
- Views: 7636
Short S&P system?
Hi all. I've been testing various ideas for a short S&P system. The purpose is, if you have a portfolio of stocks, you may want to hedge, at peaks, against market declines like this week. Ive tried CCI, RSI, ADX, DI+/- and ROC. Nothing really works. Perhaps the answer lies in market internals li...
- Wed Jun 10, 2009 6:28 am
- Forum: Testing and Simulation
- Topic: Align portfolio with old positions
- Replies: 4
- Views: 3501
Levi Risky doing that, as your new positions may not have the same edge as if they had been entered at the correct time/price. I would wait for new signals, personally. If you are just concerned about sizing, then your method makes sense, else you could be risking too much. You could use your method...
- Tue May 12, 2009 1:45 pm
- Forum: Stocks
- Topic: AESO - pe ratio should be lower?
- Replies: 1
- Views: 6137
P/E
This is a mechanical trading forum. Why are you asking "why"?
- Thu Apr 02, 2009 4:49 am
- Forum: Trader Psychology
- Topic: Mind set in executing an order successfully?
- Replies: 6
- Views: 10845
- Mon Mar 23, 2009 9:03 am
- Forum: Money Management
- Topic: simple money management...
- Replies: 13
- Views: 15505
- Wed Mar 18, 2009 6:36 am
- Forum: Testing and Simulation
- Topic: Open Old Positions When Starting to Trade a System?
- Replies: 6
- Views: 6399
Post
Great post Sluggo, as always.
- Fri Mar 13, 2009 9:24 am
- Forum: Testing and Simulation
- Topic: What Equities to Use in My Basket?
- Replies: 3
- Views: 3275
Stock screening
Smartmoney.com has a great screener, that I use on the first Sunday of every month to determine my stock universe for the month. You have to subscribe, but its only about 9.95/mth and good.
- Sun Mar 01, 2009 9:25 pm
- Forum: Testing and Simulation
- Topic: Query to the System Design Community
- Replies: 29
- Views: 16691
Here is one way a systems researcher might explore the question of which markets are, in general, the friendliest to trendfollowing systems. Choose ten or twenty very different trend-following mechanical trading systems. (not just the same single system with twenty different parameter settings). Se...
- Mon Dec 13, 2004 10:50 pm
- Forum: Futures Markets
- Topic: Why not trade E-Mini's long term with EMAs?
- Replies: 4
- Views: 5715
I agree. I lost over half my account trading forex, even though I had backtested many methods, but then found the 'Holy Grail' by trading just long term trends. I pay much lower spread per month as a percent of my account by doing so, get whipsawed less or not at all by unexpected intraday moves (as...