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About Statements and Proof. As @HobbyTrading pointed out - I do make mistakes sometimes posting here. Partially because this is just a forum and there is only so much time I am willing to dedicate proofreading my posts / same for grammar. I'd rather look silly on ET as a result of spending...

Black color is the way I track discretionary overrides and bugs. So the picture shows that this doesn't happen often which is exactly the way it should be :) The green one is like that by design. High expectancy with low number of trades and low use of capital. Attached stats for last 10 years...

You're right! December 2019 creeped in. Can't edit those posts so will just drop it in the next one. I think of myself as someone paying lots of attention to details but lately I noticed that I actually do frequently make mistakes like that when it comes to things not impacting my bottom line...

Performance update: -6.68% in July, over ~120 trades. Lots of trading. YTD monthly: +4.91%, +0.59%, +14.03%, +18.86%, +6.27%, +1.23%, +8.54%, -6.68% Pretty much all the loss came from one system. No surprise as it is the worst market environment for it. System is somewhat of a trend following...

Each strategy has its own color. Negative exposure is short

This is what I would do if the idea would show a potential. Real question here is why would I spend time on more accurate modeling of those stops if initial "best case scenario" test for them showed consistent degradation of the values I optimize for across most of my test periods? This is a...

In general I am looking at strategies with at least 300 trades per year. Sometimes more than a 1000. When trade count is that high an impact of couple of missed trades naturally gets reduced. I'd look at biggest winners occasionally and if they create disproportionate return I will try to...

Talking about KODK... Today it was in my tradable universe and did trigger short at the open. Unfortunately I was unable to borrow or it was "unable to short" at IB, which makes it the biggest single profitable trade of the year missed comparing with backtest. What a nice trade. Would have...

First of all - I'm honoured by such a valuable ET contributor posting here! And looking forward to more of your comments. Been following your thread, but I must admit some of the statistical concepts you are discussing there are above my head. So forgive me if I show ignorance when I draw...

Then I don't take new positions till one more slot becomes available. Having those situations occur too often in your model will likely have a big impact on your live performance, likely in a bad way. So you really need to solve it while you're backtesting. In March and May I had a few...

No problems! I'm looking forward to updates on your journey. You deserve all the riches as the amount of effort you already put in your trading and the progress you made is incredible. Here is my "departing" gift. But by no means that is an encouragement not to post here :D Full list of entries...

For my automated systems this stock falls outside of tradable universe. Some would argue but it was basically a penny stock till today. To hint as to why it outside of my short universe you can scan for all instances of stocks that went 300%+ in 1 day over last 30-50 years and group them by avg...

Today is pretty slow. Those are the only new positions across 5 systems. MR Long: HXL @39.81 XNCR @30.74 BTAI @48.74 As I looked at their charts before posting this I thought to myself - who would buy those garbage looking charts while market is making new highs nearly every day? :)

No. In fact one of my previous systems might have shorted it on the next day. If you're talking about mean-reversion - this stock has been near its range's high the day before, there is too many stocks like that to watch with very little probability of hitting a "bargain" price next day. So I...

Here is a visual on how hard stops typically kill MR systems. Notice that it’s not necessarily a stop that actually hurts performance the most, but the added transactions costs. Stops are very expensive. Though take it with a grain of salt as I haven’t been using stop orders extensively to...

Done!

MR stops/risk is a cool subject, probably deserves a separate post. Having time stops, sizing small and universe selection are the best ways to control MR risk in my opinion. When you have very high volume of trades in stocks, loosing 50% on any single one over few days is pretty normal, I'll...

Glad to hear you found it interesting. I would imagine for most EOD trading systems out there a setup is universally good only for one day. Ultimately you are the architect of your system so it can be any way you want. But that is the way I do it. If tomorrow your setup occurs again in the...

For those folks - probably same reasons as to why people go to Casino or keep buying lottery tickets.

You might get by on 250-500mb a day. 1gig to be safe. Really depends on the software you're using and your data streaming package. Also installing a download/upload traffic meter will be a must. Typical problems would be some other software that doesn't realize you're on a limited internet...