Is it a "Holy Grail"?

M

momentumtrade

It is a day trade system. Trade NYSE stocks daily.
Buy at open and sell at close.

Back test shows:

2004, 160%, 70 trades
2005, 116%, 70 trades
2006, 132%, 70 trades
2007, 209%, 70 trades
2008, 412%, 120 trades
2009, 332%, 120 trades
2010, 130%, 70 trades
2011, 88%, 70 trades
2012, 93%, 70 trades

How do you guys think?
 
Quote from momentumtrade:

It is a day trade system. Trade NYSE stocks daily.
Buy at open and sell at close.

Back test shows:

2004, 160%, 70 trades
2005, 116%, 70 trades
2006, 132%, 70 trades
2007, 209%, 70 trades
2008, 412%, 120 trades
2009, 332%, 120 trades
2010, 130%, 70 trades
2011, 88%, 70 trades
2012, 93%, 70 trades

How do you guys think?
More...
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Congrats on your ##s + first post

Put a bit of money on it[100 shares];
thats really the only way to prove it. Its strange how back test usually over states it; almost never does better than back test. Looks pretty good in bear trends[2008]:cool:
 
Quote from momentumtrade:

It is a day trade system. Trade NYSE stocks daily.
Buy at open and sell at close.

Back test shows:

2004, 160%, 70 trades
2005, 116%, 70 trades
2006, 132%, 70 trades
2007, 209%, 70 trades
2008, 412%, 120 trades
2009, 332%, 120 trades
2010, 130%, 70 trades
2011, 88%, 70 trades
2012, 93%, 70 trades

How do you guys think?
More...

Based on the figures above, Yes.
 
Quote from momentumtrade:

It is a day trade system. Trade NYSE stocks daily.
Buy at open and sell at close.

Back test shows:

2004, 160%, 70 trades
2005, 116%, 70 trades
2006, 132%, 70 trades
2007, 209%, 70 trades
2008, 412%, 120 trades
2009, 332%, 120 trades
2010, 130%, 70 trades
2011, 88%, 70 trades
2012, 93%, 70 trades

How do you guys think?
More...

This is a pretty good idea.
Just curious - why did you only get 70-120 trades. CY 2012 had more than 200 trading days.
IF you did a buy at open/sell at close sort of thing - you should have been able to get a fill every day
 
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