i have a solid system. i'm looking for help - collaboration to trade it.

[rtw]

Take it easy pal

There is nothing here to be excited about.

Your expectancy per trade is low,understandable you are trading scared at times.
I don't run any tests on stocks,but in futures that number can be from $200 to $1800 per trade with similar number of trades.

Where is max draw down and longest time in a draw down plus average time to recover?
Most of your stats are just a bite and if you had the stats you would be reluctant to post them in the open forum.

i don't have any problem showing my wares, the same cannot be said of you or others.


rb 2010 - 2018


TradeStation Performance Summary Expand

All Trades Long Trades Short Trades
Total Net Profit $39,792.60 $37,357.20 $2,435.40
Gross Profit $106,871.00 $74,566.20 $32,304.80
Gross Loss ($67,078.40) ($37,209.00) ($29,869.40)
Profit Factor 1.59 2.00 1.08

Roll Over Credit $0.00 $0.00 $0.00
Open Position P/L $6,035.00 $0.00 $6,035.00

Total Number of Trades 24 18 6
Percent Profitable 33.33% 33.33% 33.33%
Winning Trades 8 6 2
Losing Trades 16 12 4
Even Trades 0 0 0

Avg. Trade Net Profit $1,658.03 $2,075.40 $405.90
Avg. Winning Trade $13,358.88 $12,427.70 $16,152.40
Avg. Losing Trade ($4,192.40) ($3,100.75) ($7,467.35)
Ratio Avg. Win:Avg. Loss 3.19 4.01 2.16
Largest Winning Trade $26,984.20 $26,984.20 $23,254.60
Largest Losing Trade ($12,168.20) ($6,053.00) ($12,168.20)
Largest Winner as % of Gross Profit 25.25% 36.19% 71.98%
Largest Loser as % of Gross Loss 18.14% 16.27% 40.74%

Max. Shares/Contracts Held 1 1 1
Total Shares/Contracts Held 25 18 7
Account Size Required $24,242.20 $21,536.40 $27,659.40
Total Slippage $480.00 $360.00 $120.00
Total Commission $144.00 $108.00 $36.00

Return on Initial Capital 795.85%
Annual Rate of Return 25.07%
Buy & Hold Return 101.75%
Return on Account 164.15%
Avg. Monthly Return $1,016.42
Std. Deviation of Monthly Return $6,202.89




cl 2005 - 2018


TradeStation Performance Summary Expand

All Trades Long Trades Short Trades
Total Net Profit $151,422.00 $26,618.00 $124,804.00
Gross Profit $270,188.00 $106,086.00 $164,102.00
Gross Loss ($118,766.00) ($79,468.00) ($39,298.00)
Profit Factor 2.27 1.33 4.18

Roll Over Credit $0.00 $0.00 $0.00
Open Position P/L $14,557.00 $0.00 $14,557.00

Total Number of Trades 43 27 16
Percent Profitable 39.53% 33.33% 50.00%
Winning Trades 17 9 8
Losing Trades 26 18 8
Even Trades 0 0 0

Avg. Trade Net Profit $3,521.44 $985.85 $7,800.25
Avg. Winning Trade $15,893.41 $11,787.33 $20,512.75
Avg. Losing Trade ($4,567.92) ($4,414.89) ($4,912.25)
Ratio Avg. Win:Avg. Loss 3.48 2.67 4.18
Largest Winning Trade $80,874.00 $32,614.00 $80,874.00
Largest Losing Trade ($7,736.00) ($7,276.00) ($7,736.00)
Largest Winner as % of Gross Profit 29.93% 30.74% 49.28%
Largest Loser as % of Gross Loss 6.51% 9.16% 19.69%

Max. Shares/Contracts Held 1 1 1
Total Shares/Contracts Held 44 27 17
Account Size Required $49,802.00 $33,332.00 $20,662.00
Total Slippage $860.00 $540.00 $320.00
Total Commission $258.00 $162.00 $96.00

Return on Initial Capital 3,028.44%
Annual Rate of Return 26.14%
Buy & Hold Return -64.84%
Return on Account 304.05%
Avg. Monthly Return $474.10
Std. Deviation of Monthly Return $4,395.54

 

[rtw]

@rtw how does the system behave across ALL listed equities? Individually testing equities is almost always a bad thing. One notable exception is if you trade on the spread, like with say C in 2009 when the edge was very different from typical timing.

The most symbol fitting I've done in the past 10 years is excluding a sector (oil) when it was too volatile and correlated, causing massive volatility in the portfolio.

Out of the 10 or so strategies you said you have, realistically there's 1 or maybe 2 really good ones. I have a bunch that can show beautiful equity curves on many symbols -- throw the whole market at them and they fail miserably. Totally useless for practical purposes.

nah. that's not the way to develop profitable strategies.

i have created hundreds of strategies. i have 10+ that are consistently profitable. i know because i always use ample data (4 to 13 years) to create my strategies and then evaluate them on ample out of sample data (at least 2 years). i know my strategies work and are profitable, i have watched them give correct entry and exit signals for months. i have months of email alerts for what would have been winning trades i sent to myself on my personal email plus ts alerts to prove this, plus some trades i did take (i even created threads about those directional trades in this forum).

and the worst part about your post is the pretension that a successful trading system must be applied to the entire universe of financial instruments. that's actually the absolute worst methodology anyone can implement. anyone who knew their stuff would only trade the best, most volatile, liquid and profitable instruments and ignore all the rest that will never go anywhere. instruments with no volatility, poor liquidity and no momentum will only ever decrease aggregate performance and profitability, ¿why even think about considering those?

 

[themickey]

nah. that's not the way to develop profitable strategies......
and the worst part about your post is the pretension that a successful trading system must be applied to the entire universe of financial instruments. that's actually the absolute worst methodology anyone can implement. anyone who knew their stuff would only trade the best, most volatile, liquid and profitable instruments and ignore all the rest that will never go anywhere. instruments with no volatility, poor liquidity and no momentum will only ever decrease aggregate performance and profitability, ¿why even think about considering those?

Correct.

 

[digitalnomad]

And the worst part about your post is the pretension that a successful trading system must be applied to the entire universe of financial instruments. that's actually the absolute worst methodology anyone can implement. anyone who knew their stuff would only trade the best, most volatile, liquid and profitable instruments and ignore all the rest that will never go anywhere. instruments with no volatility, poor liquidity and no momentum will only ever decrease aggregate performance and profitability, ¿why even think about considering those?

Great point there. It just shows the lack of ones ability to apply context. Rules without context are surely a guaranteed road to failure in this business.

 

[bln]

thanks to months and years of hard work i have developed a number of robust and profitable trading systems. for the last few weeks i have been trying to trade them by hand but i, personally, have been the weakest link in my setup and my own biggest obstacle to profitability. i'm looking for help or collaboration with third parties in order to bring the execution of my system into line, which will lead to nice profits.

Your post lack cruical information.

- what is the time frame of your system?
- what instruments does it trade?
- what is the time duration of a trade?
- how many trades per week?
- does it execute multiple trade positions simultaneously or is it serial?

.. and what else info you have regarding the system

 

[themickey]

Your post lack cruical information.

- what is the time frame of your system?
- what instruments does it trade?
- what is the time duration of a trade?
- how many trades per week?
- does it execute multiple trade positions simultaneously or is it serial?

.. and what else info you have regarding the system

....and your bank account number and password please....

 

[ironchef]

i don't have any problem showing my wares, the same cannot be said of you or others.


rb 2010 - 2018


TradeStation Performance Summary Expand

All Trades Long Trades Short Trades
Total Net Profit $39,792.60 $37,357.20 $2,435.40
Gross Profit $106,871.00 $74,566.20 $32,304.80
Gross Loss ($67,078.40) ($37,209.00) ($29,869.40)
Profit Factor 1.59 2.00 1.08

Roll Over Credit $0.00 $0.00 $0.00
Open Position P/L $6,035.00 $0.00 $6,035.00

Total Number of Trades 24 18 6
Percent Profitable 33.33% 33.33% 33.33%
Winning Trades 8 6 2
Losing Trades 16 12 4
Even Trades 0 0 0

Avg. Trade Net Profit $1,658.03 $2,075.40 $405.90
Avg. Winning Trade $13,358.88 $12,427.70 $16,152.40
Avg. Losing Trade ($4,192.40) ($3,100.75) ($7,467.35)
Ratio Avg. Win:Avg. Loss 3.19 4.01 2.16
Largest Winning Trade $26,984.20 $26,984.20 $23,254.60
Largest Losing Trade ($12,168.20) ($6,053.00) ($12,168.20)
Largest Winner as % of Gross Profit 25.25% 36.19% 71.98%
Largest Loser as % of Gross Loss 18.14% 16.27% 40.74%

Max. Shares/Contracts Held 1 1 1
Total Shares/Contracts Held 25 18 7
Account Size Required $24,242.20 $21,536.40 $27,659.40
Total Slippage $480.00 $360.00 $120.00
Total Commission $144.00 $108.00 $36.00

Return on Initial Capital 795.85%
Annual Rate of Return 25.07%
Buy & Hold Return 101.75%
Return on Account 164.15%




cl 2005 - 2018


TradeStation Performance Summary Expand

All Trades Long Trades Short Trades
Total Net Profit $151,422.00 $26,618.00 $124,804.00
Gross Profit $270,188.00 $106,086.00 $164,102.00
Gross Loss ($118,766.00) ($79,468.00) ($39,298.00)
Profit Factor 2.27 1.33 4.18

Roll Over Credit $0.00 $0.00 $0.00
Open Position P/L $14,557.00 $0.00 $14,557.00

Total Number of Trades 43 27 16
Percent Profitable 39.53% 33.33% 50.00%
Winning Trades 17 9 8
Losing Trades 26 18 8
Even Trades 0 0 0

Avg. Trade Net Profit $3,521.44 $985.85 $7,800.25
Avg. Winning Trade $15,893.41 $11,787.33 $20,512.75
Avg. Losing Trade ($4,567.92) ($4,414.89) ($4,912.25)
Ratio Avg. Win:Avg. Loss 3.48 2.67 4.18
Largest Winning Trade $80,874.00 $32,614.00 $80,874.00
Largest Losing Trade ($7,736.00) ($7,276.00) ($7,736.00)
Largest Winner as % of Gross Profit 29.93% 30.74% 49.28%
Largest Loser as % of Gross Loss 6.51% 9.16% 19.69%

Max. Shares/Contracts Held 1 1 1
Total Shares/Contracts Held 44 27 17
Account Size Required $49,802.00 $33,332.00 $20,662.00
Total Slippage $860.00 $540.00 $320.00
Total Commission $258.00 $162.00 $96.00

Return on Initial Capital 3,028.44%
Annual Rate of Return 26.14%
Buy & Hold Return -64.84%
Return on Account 304.05%
Avg. Monthly Return $474.10
Std. Deviation of Monthly Return $4,395.54

I assumed these are not actual return but backtest results?

Avg. Monthly Return $1,016.42
Std. Deviation of Monthly Return $6,202.89

Avg. Monthly Return $474.10
Std. Deviation of Monthly Return $4,395.54

No need to know the details of your trade but can you explain the STD of monthly return? They were 6x to 10x average monthly and on a risk adjusted basis what are the Sharpe?

 

[Overnight]

....and your bank account number and password please....

Naughty you are. You KNOW they can only do THAT if THEY really do it live, with redaction. Not a lot of people around these parts have that gumption. Why do you put such pressure on this poor poster? Providing redacted real money print outs?

For shame!

Walt Disney is redacting his tax returns, as we speak, as he turns over in his grave!

(I made no sense there, I know, sorry. I am just miffed I missed today's insane price action on the long side.)

 

[d08]

nah. that's not the way to develop profitable strategies.

i have created hundreds of strategies. i have 10+ that are consistently profitable. i know because i always use ample data (4 to 13 years) to create my strategies and then evaluate them on ample out of sample data (at least 2 years). i know my strategies work and are profitable, i have watched them give correct entry and exit signals for months. i have months of email alerts for what would have been winning trades i sent to myself on my personal email plus ts alerts to prove this, plus some trades i did take (i even created threads about those directional trades in this forum).

and the worst part about your post is the pretension that a successful trading system must be applied to the entire universe of financial instruments. that's actually the absolute worst methodology anyone can implement. anyone who knew their stuff would only trade the best, most volatile, liquid and profitable instruments and ignore all the rest that will never go anywhere. instruments with no volatility, poor liquidity and no momentum will only ever decrease aggregate performance and profitability, ¿why even think about considering those?

Never did I say it has to apply to all financial instruments, reading comprehension. All listed equities != all financial instruments. Filtering for liquidity is fine, dynamically and over thousands of trades. Picking individual stocks out is not.

You have months of experience, amazing. Sorry but it's difficult to take your reply seriously. Performance is measured in years or even decades. I have created thousands of strategies and so what? It's not the quantity, it's the quality.

 

[Aquarians]

I think there are three factors needed for success in finance and they all can be measured in money. For each factor, how much money do you allocate?
1) Research.
You need to look for ways to beat the market (call them strategies) and fact is most attempts will fail. Some will hold but finding them needs time and someone has to pay for that time (food, housing / office, equipment, expenses).
2) Development.
After you got something you need to implement it, sometimes it means programming an automated system to trade it, even with such a system you still need to monitor and adjust the system. Again time (hence costs in money).
3) Capital.
It's all in vain having gone trough the pains of #1 and #2 if you don't have the money (capital) to trade your hard worked strategies. Again: money.
So: #1, #2, #3: money, money, money.