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You W/L ratio doesn't matter. All that matters is your net average % return per trade. With good money management you could lose the majority of the time and still be profitable.

I cleaned up the data a bit and put it more in portfolio/investor terms. Now the contributed capital in the example is $100k with access of up to $1mm intraday, though the full amount is accessed less than 6% of the time, and $500k or above is accessed less than 8% of the time. Please tell me...

Hmmm So you're saying I should take the overall average daily gain, subtract the daily Rf, and divide by the StDev of the daily hi/lo average? The figures are all based on the individual trade event, not a portfolio. To put it in portfolio terms would require specifics such as portfolio...

Here's the first set of backtest results. To maintain discretion I posted only values and no equations, etc, but it should be enough to provide an understanding. Please offer suggestions as to what other data I could extract, what figures I'm missing, and if you believe a system that...

In my opinion.... due to the market's natural upward tendencies and human optimism bias there is a much better chance of seeing buying support in a selloff than selling pressure in a rally. It's also much easier to scale since you won't have to deal with locating shares and there is a finite...

So the average between the best day and worst day? For each year? 4 data points? Best = +100% Worst = -80% Avg = 10%? Sorry I'm not picking this up quicker.

Great. The StDev part is confusing me. What data do I plug in for the StDev calc? Is it the daily % changes over the time period?

psytrade/ Great response... will look over it in further depth. I'm calculating the Sharpe right now. If you have a second, I'd appreciate some further clarification. Assume the following hypothetical... Return over 4 years (1000 trading days) = 600% total, with every day contributing a...

I've developed a long-only, intraday system and am in the process of backtesting the algo. Hopefully the community can provide a little guidance. x. How much time/testing is necessary to provide a solid population of data? x. I've currently tested on 100 stocks from September 2005 -...

ugh

Lack of patience on two fronts caused today's losses. Closed CIEN out early at 10.50 on 10.09 premarket long entry. I knew the fundies, knew there'd be buyers, but didn't let my winners run. Then jumped into some low-probability trades with exit points excessively wider than usual. Caused...

Was much more patient - only traded 5600 shares. Record day for me.

Still not selective enough

Everything I could have done wrong, I did.

What a way to end the week... three consecutive up days, gaining consistency and confidence, then WHAM! I decide to tell the market what to do and average down because 'I know the market is wrong'. An invaluable lesson for me - in my discretionary trading I need to pay attention to what the...

3 day streak.... overtraded

Slow day until 2pm on. Finding benefit from all the reading & nightly preparation I've started doing.

System trades were solid, discretionary trades were mediocre

Most frustrating day yet. Market's making me pay tuition to learn lessons about not forcing trades - which I continue to do. Patience of opportunity is my #1 focus from now on.

Up Down Up Broke several rules but was able to trade somewhat well on intuition for the first time which allowed me to finish with this... On a side note I'm just wrapping up 'Trading Rules' by William Eng... worth the read if you're a novice/intermediate.