I ended up down around 3%. Not really much of anything happened, I didn't trade for long enough to draw any real conclusions.
I understand back testing is susceptible to many errors, but I would like some semblance of statistical backing.
I just bought a ouija board off ebay, thank for...
I am shutting down. Going on vacation for a week. Then returning and back testing.
Here are the positions I closed.
ARGN +53
EGHT +456
EGLE +1763
EJ +618
FRO +249
HNSN +172
LAVA +177
MMI +130
ONTY -159
OWW +237
RPTP +81
XRA -160
I bought Amibroker for backtesting. Anyone...
Closed a trade today
RDN (animated in updated spreadsheet)
Position: Short
Profit/Loss: +$320
R Multiple: .79R
Days: 54
Not much happened in this trade. Just caught a little chunk of a downtrend, then got stopped out.
There will always be more people who say "You can't" or "You won't" rather than "Give it a try".
Even if I fail at trading, dealing with resistance is important no matter what endeavor I undergo. No one ever became successful by giving into the cynics.
These people don't actually care...
Good luck on your trading. I will look forward to seeing your journal as well.
I use Adobe After Effects for the animations. I am less than a novice at it. Hopefully you can watch me slowly get better at using it.
I understand the risks. I may lose a large chunk of my money. Then you can tell me, "I told you so." I will be here humbled and broke. At least I will provide some benefit, people can learn what not to do. Fortunately, I am not even near the failure point yet. I am optimistic about my...
Closed Position XRTX
Position: Short
$ P&L: -$24
R Mult: -.06
Days: 85
Very close to break even with this one. Major downside is the length of time held, opportunity cost.
Closed my position in AREX today.
Position: Short
$ P&L: -$321
R Mult: -.77
Days: 12
Started to move against me fairly quickly. Had a little trouble sticking to my strategy on this one. The chart still looks good so I had to fight the idea of ignoring my stop. In...
Haha, these are some great ideas. I will try to work some in as I animate more trades.
Just a little update. Not much has happened the last two trading days. Just some normal movement. I trade longer periods than most people on this forum, so the updates will be a little more sparse. I...
Profit targets cut off potential trends prematurely. I don't think it is necessarily a bad strategy, but it is the opposite of what trend following is.
Nevertheless, I will keep it in mind. I don't want to tweak my strategy based off of the results from a statistically insignificant number...
Stopped out of ERIC long position today.
P/L = -$425
R Multiple = -.92
Days held = 56
Nothing happened out of the ordinary with this trade. Just a loser.