Search results

Going to "Plan B"...as soon as I figure out what "Plan B" is! :confused: :eek: :cool:

Thanks for the reminder Camdo! I followed my system well during the Japan earthquake selloff, taking losses when called for, and it helped immensely with damage control during that time. I think with the increase dollar value in my account since then, I was not as comfortable with the losses...

Hi gmst, thanks for reading my journal. I read your journal intro, I think the day you started it, and could relate to many aspects of your journey so far. It sounds as if you are taking a methodical approach now to your trading as well. I am fairly organized with my professional work as well...

I am posting a screen shot of the spreadsheet I use to calculate my position sizing. I am hoping by doing this it will cause me to be accountable to maintaining more conservative settings going forward. I will still leave the actual work of deriving the formulas to the individual. :) To...

YTD Comparison charts:

Comparison Summary:

I wanted to get these backtesting results posted so I can look them over this weekend when I am away from my computer. The theory, I believe, is if a stock is above its 200 dma, then it is in a longer term uptrend and perhaps the fundamentals are OK on the stock. Also, when the broader...

I am skipping the usual weekly stats for the time being. I did not follow my system very well during this market correction, and so the results are not very reflective of true system performance. The worst thing for me to do at this point for myself, as well as others, would be to shut down...

I performed a YTD backtest of paper trading, and it would appear I am in the lead, dollar wise and PF. Folks can take it for what it is worth.

Hi NikEy, I know you are saying suffering together in jest, but I try to avoid too much emotional attachment to my trades, otherwise it may cause me to short circuit my trading plan. I am currently down 9k, but since I followed my plan and didn't place a bunch of emotionally driven crazy trades...

Friday, I did exceed overnight BP by a few thousand, but saw that there were enough positions that would exit at the close to bring it back under 2X. I have enough cushion right now so I should not have to add more funds. To be puking up my shares, even if Monday gaps down, would probably be...

Fortunately, with EW, I screen out stocks over $75. I agree there are times that stocks become highly correlated during earnings. I have thought of just sitting out of the market around earnings seasons. Alternatively, I could look for companies that miss earnings and jump on a downtrend...

Thanks the1, That is exactly why I posted a profit curve at the outset, so I would not have to listen to people lecture me about stops. I've tried trailing stops to preserve profits, and saw that also eat up profits. That said, trading futures is so highly leveraged for most, I think stops...

I have considered filtering out stocks with upcoming earnings, but decided it would be too much trouble and would interfere with automation. Stock price responds in a great variety of ways to earnings, many times in unexpected ways. I may even benefit from earnings and have many times before...

As an example, here is code for a moving average cross long entry: { Buys if Price crosses over Avg and then stays above Avg for one or more bars } inputs: Price( Close ), Length( 9 ), ConfirmBars( 1 ) ; variables: Counter( 0 ) ; if Price > AverageFC( Price, Length ) then Counter =...

That is what I was thinking at first, as an array. Using these weekly changes, I get a correlation coeffecient of 0.47. So it appears I am about half way correlated if zero would be no correlation, and a negative coefficient would be inverse correlation. Date % Chg SP Chg COR 0.47...

Hi prjctdork, I have always been a "do-it-yourselfer" so I went with building my system myself from the ground up. This way when problems arise, I know how to fix them myself. I would say the route I took was very difficult and time consuming, but now most of the hard labor is complete...

Thanks for the idea heech. What I came up with is presented here. It shows my usual % profit vs. SP500, and a correlation chart below it. 1 means it was correlated that week and -1 means it was not. I started out the year highly correlated it would appear, but later on it appears relatively...

Initial Capital (1-1-2011) $47,853 Total Net Profit $16,766.81 (Per Share) $0.10 Gross Profit $60,778.11 Gross Loss ($44,011.29) Profit Factor 1.38 Total Number of Trades 1481 Percent Profitable 60.84% Winning Trades 901 Losing Trades 579 Avg. Trade Net Profit $11.32 Avg. Winning...

Initial Capital (7/1/2011) $73,028 Total Net Profit ($4,390.67) (Per Share) ($0.17) Gross Profit $7,034.02 Gross Loss ($11,424.69) Profit Factor 0.62 Total Number of Trades 211 Percent Profitable 48.34% Winning Trades 102 Losing Trades 109 Avg. Trade Net Profit ($20.81) Avg. Winning...