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Example Trading System
- Thread starter sidinuk
- Start date
A pretty nasty week last week for the markets and an unfortunate week for the filters on our system. On Tuesday our 1 trade a day rule kept us out of a nice long after we had already gone short on all the indexes bar YM.
On Wednesday the trading range filter kept us out of a very nice short day, without the filter the 5 contracts would have made $1720.
On Thursday the Thursday rule saved us from a $1537.50 profit.
And on Friday the trading range filter kept us out of YM and EMD which would have made $1225 between them.
As it is we made $5.00 profit in the whole week! Hindsight is obviously wonderful but the filters are there for a reason. Trading is about probabilities and the filters help to put the balance of probability in our favour over time. However, nothing works all the time.
On Wednesday the trading range filter kept us out of a very nice short day, without the filter the 5 contracts would have made $1720.
On Thursday the Thursday rule saved us from a $1537.50 profit.
And on Friday the trading range filter kept us out of YM and EMD which would have made $1225 between them.
As it is we made $5.00 profit in the whole week! Hindsight is obviously wonderful but the filters are there for a reason. Trading is about probabilities and the filters help to put the balance of probability in our favour over time. However, nothing works all the time.
hey
i just looked over the system. thanks for putting up the link.
questions:
What is the usual life span of a short term system ?
Does the system risk being 'gamed' by the market and how would one come to such a conclusion, if at all?
thanks.
alex
i just looked over the system. thanks for putting up the link.
questions:
What is the usual life span of a short term system ?
Does the system risk being 'gamed' by the market and how would one come to such a conclusion, if at all?
thanks.
alex
Quote from Cluseau:
$2K is not worth getting up for in the morning, son.
But, if that gets your heart pounding by all means. Just think how funny you seem to people who make a real living in this business. They don't get excited about a couple good trades, that's for sure. If i am up $15K or down $150K you would never know the difference in my personality. But, if i was down b/c i didn't follow a good trade plan or up for that matter you'd see me throw a phone at my quant then compose myself. (LOL)
calm down and order some penis enlargement pills.
get back to us on how they work for you. LOL
(i'm a trickster but not a sinner)
alex
thats strange to be asking these questions when you clearly state above in another thread that your a made man.
As a matter of interest, which of the five contracts would you recommend to trade with this system or would you, in fact, trade all five?
Richard
Richard
Quote from sidinuk:
Since January 2003 the system has made a hypothetical profit of $87,770 for trading 1 contract on each symbol, before slippage and commission costs.
rickty,
ER2 and EMD have been the best performers in the last couple of years, followed by YM. ES and NQ have been poor. ES and NQ have been worst affected by the lack of volatility in the last couple of years but that could change in the future. As they say, past performance is no guarantee of future results.
ER2 and EMD have been the best performers in the last couple of years, followed by YM. ES and NQ have been poor. ES and NQ have been worst affected by the lack of volatility in the last couple of years but that could change in the future. As they say, past performance is no guarantee of future results.