The 'STRATEGY' page from the website has now been updated to better reflect the exit types used in this strategy.
http://www.alphastocks.com/research2.html
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50% Annual Returns
- Thread starter alphastocks
- Start date
Quote from Neet:
Curious, how do you know the returns if you have not sold them yet ?
They could open higher or lower.
True, the posts for the next day exits use the last close price to estimate the returns.
The exit price then gets adjusted to the opening price of the exit day when I enter the trade in the table of closed out trades.
For example, if FUL opens at 21 today the closed out return will be posted as 8.8% instead of 7.2%. If it opens at 20.5 the record will show a return of 6.2%.
I use the opening prices as the trading price for the sake of consistency and fairness. My actual trading prices might be higher or lower than this.
Alpha,
As i have said all along,I think you will find it very very difficult to acheive 25%+ returns running a long short book.I am not saying your return isnt excellent,but I would strongly suggest you post your Sharpe ratio as well.
My guess is you will have 17%-25% returns when all is said and done.But if you have a Sharpe of apx 2,you are doing an excellent job
As i have said all along,I think you will find it very very difficult to acheive 25%+ returns running a long short book.I am not saying your return isnt excellent,but I would strongly suggest you post your Sharpe ratio as well.
My guess is you will have 17%-25% returns when all is said and done.But if you have a Sharpe of apx 2,you are doing an excellent job