Search results

Can anyone share a review of the of the pro's and cons of the many screeners out there. I am referring to: AAII Portfolio123 Validea Reuters Zacks and others if they fall into this category. Many thanks, Chaim

I am also looking for an answer to this. Are they tradable? How close can one get to simulated performance?? Especially in the small cap arena where is seems the best models rebalance as frequently as weekly. Would like to know from those who actually trade exactly according to their model...

BT, how often do you rebalance, and do you always use Limit orders?

It's encouraging to see others who say they are doing very well using portfolio123. It seems that one really does need to learn the product and all its features to get the most value out of it, before giving up on it. Since many claim that most of their large gains come from the small cap...

I always thought that drawdown was the amount that you are down from the highest point at any time. Can anyone comment on this? It appears that drawdown is measured here from inception date, and not from recent high. Is this correct?

I do agree, your simulation should beat the index by a wide margin. When one is trading it with real dollars, you have to account for slippage, especially if you are rebalancing regularly.

Yes, you can use other peoples models and make a few adjustments. It all seems to good to be true though. I just don't know how accurate or good the data is. It appears very sensitive to the slightest tweak.

I am new to this thread. I recently subscribed to Portfolio123. Every time I run a simulation and make the smallest of changes, I get vastly different results. Even a change as small as a week difference in inception date. This is troubling to me, as I am not sure how accurate their results...