How will you rate this system?

The main thing i would like to see is just more data. With more data you can now if what your noticing is temporary or has been a consistent repeatable pattern. Also, it will allow you to do out of sample testing to see how well your parameters are holding up. You said that you programmed something simple that you kept noticing, that's great, and hopefully it's something that will continue to work, but i reserve judgement till i can see that it has held up for a while in the past to give you the best chance in the future.
 
macgibby,

Sorry, but this is no good. The draw down is way out of proportion to the net profit and the starting capital. I am sure the equity curve looks terrible.

There is much more to a good trading system than just having more money at the end than you started with. Keep at it, you are off to a good start but have a ways to go.

Good luck,

boots
 
Quote from boots:

macgibby,

Sorry, but this is no good. The draw down is way out of proportion to the net profit and the starting capital. I am sure the equity curve looks terrible.

There is much more to a good trading system than just having more money at the end than you started with. Keep at it, you are off to a good start but have a ways to go.

Good luck,

boots
More...

What drawdown % is normal? is 20% too high?
 
What you STILL don't understand is this:

Since the system had a $17K drawdown, if you funded this acct with $20K and that drawdown happened soon after, you would've been wiped out! That's not a 20% drawdown, that's a BLOWOUT! Comprende yet?

Quote from macgibby:

What drawdown % is normal? is 20% too high?
More...
 
Quote from risktaker:

What you STILL don't understand is this:

Since the system had a $17K drawdown, if you funded this acct with $20K and that drawdown happened soon after, you would've been wiped out! That's not a 20% drawdown, that's a BLOWOUT! Comprende yet?
More...

Did you ever think that this system might use % of capital on every trade and keeps compounding? So if you lose 20% in the beginning it'll be only $4000 vs when you have 60,000 then 20% would be 12,000?
 
Of course I thought about! But without disclosing you system (which you haven't and I can understand that), how is somebody supposed to give an honest, informed opinion? You haven't even supplied an equity curve chart!


Quote from macgibby:

Did you ever think that this system might use % of capital on every trade and keeps compounding? So if you lose 20% in the beginning it'll be only $4000 vs when you have 60,000 then 20% would be 12,000?
More...
 
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