Search results

I spoke with a trader with a phd in physics from princeton a couple weeks back. "Unimpressed" doesn't begin to explain.

If you have many variables which are optimized (or not optimized, but potentially lucky), then the system gets to fit itself more to historical anomalies in the data, rather than actual inneficiencies. Daily--if it works on the daily it may capture larger moves, which might make it a tradable...

depends on number of degrees of freedom. Also, a few cents/share is not much. Would it work on the daily?

No, the 120 transactions helps :) Please post em, I'm curious

It is hard to get a job with such a track record. It is not long enough, and to be honest it is only: A fund with a low beta turned a fund with a high beta; meaning there is a possibility that all you did was make two trading decisions--buying a few shares when you started the fund, and buying...

You may generally manage more money swing trading. You may generally better exploit inneficiencies day trading. Btw, I usually do very well swing trading in a trading (sideways) market... It reduces a dimension or risk by reducing market-influenced stock movement. I think it is then...

Example: IF QQQ volume > 500,000 THEN enter all stocks above their 10 day SMAs, with the percentage of the portfolio of each = (# of 10-day sma stocks found + number of 10-day sma stocks open)/400 AND enter all stocks above their 5 day sma, with ... etc THEN sell the 10 day sma stocks...

Achiever-- I don't know :) I was hoping so, since it would be a very useful tool... It's really only scanning the market for stocks that meet criteria, entering them, and tracking the results... intensive use of data, but nothing technically difficult. BTW, I'm interested in EOD data, not...

"With the past two versions, the company put their focus on the brokerage features, and as such, some features are sorely missed: end-of-day scanning, portfolio evaluation, backtesting on a group of instruments" In a review... I need all of these features!!! Where do I go?

Will someone please shut mrmarket the ---- up?

Thank you all...

Whoa... someone got mad.

It is absolutely essential that you use a 1 day delay if you are going with the open, -probably-, since some of your indicators (moving averages, macd, stochs), use the end of the current day data... which you don't have until the close.

http://www.mrswing.com/mrswing/mrswing.html

With intermarket capabilities, market scanning, then filtering based on criteria (most backtests only require technical criteria... some fundamental as well). MUST be able to do this IN the back-test, not just real-time. What program do I need for this?

Studies have shown that wealthy people are generally happier.

That's actually untrue if you have each system holding a constant % of the portfolio... And the distinction IS important. If you are just daytrading--ok forget about it.

Sorry dude, it's probably luck. To gain 31% in 8 days means you are taking serious risks. Let me guess... You aren't diversified. (only a few sectors or only a few stocks)... You are new to investing (you have had your money in stocks for less than 6 months)... Right? If so...

Are you talking about optimizing the new time frame only, or optimizing all the data with the new time frame included? If it's the new time frame only... well... then... opitimize it. If it's only including the new time frame, you're insane to expect that the past week is going to...

:eek: Certainly...