It is NOT impossible to make money in the markets.

Quote from Wayne Gibbous:

It's pretty much a loser.

Here's AAPL, long only, buy 1000 shrs at the Open if the Open is Less Than the Previous Close (gap down).

Sell at a limit $0.10 higher than the Open (entry). If limit is not hit, Sell at Close.
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That's too funny... if you are smart enough to do run a backtest, you should be smart enough to EXIT if the instrument enters, let alone exits, the opposite trade zone!!

Obviously, you are biased!

Be objective, anyone can make a strategy lose... show you can make a strategy win!
 
Quote from TheRumpledOne:

Today would have been a winner.

Twice if you wanted it!!

So we can just WALK FORWARD and leave the backtest behind...
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I am intrigued by your ideas and would like to subscribe to your newsletter.

Fletch
 
If you had any clue about market behavior, you would know that adding logic to force an exit if this trade moves against you too far, would actually make the results WORSE.

I have not even backtested this, and already know the answer.


Quote from TheRumpledOne:

That's too funny... if you are smart enough to do run a backtest, you should be smart enough to EXIT if the instrument enters, let alone exits, the opposite trade zone!!

Obviously, you are biased!

Be objective, anyone can make a strategy lose... show you can make a strategy win!
More...
 
You know, according the physics a bumblebee can't fly!

Have you ever been stung by a bumblebee?

Perhaps I should rename this the BUMBLEBEE STRATEGY cause we sting AAPL daily!
 
I am not impressed.

There are a number of ways to outperform your system rules

One obvious and very simple method, is to bisect the opening 5 min bar using what Dr. Clayburg calls a DDF line. Trade long above that line, short below. Doing so would have got a trader in the market before your TRO and with better profit/risk ratio.

Anyone wants to test that, will find that it outperforms TRO hands down...

Nice try though...

Now what you ought to do is to stick around and learn something yourself....

Steve
 
Nonsense. Post the physics proof that a bumble bee cant fly.

Throwing around cute false sound bites like this doesnt help your case.

Quote from TheRumpledOne:

You know, according the physics a bumblebee can't fly!

Have you ever been stung by a bumblebee?

Perhaps I should rename this the BUMBLEBEE STRATEGY cause we sting AAPL daily!
More...
 
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