Wealth-Lab Creator Has New Site

Volker Knapp · Mar 5, 2019

At this stage it is hard to say. All I know is that Fidelity Brokerage is very thoughtful about there customers. We will see some updates this year, I am sure.

sle · Mar 7, 2019

Volker Knapp said:
In regards to Beau, whatever you wanna say about him, he is not wearing a suite and is not the typical WallStreet guy but his performance here: https://www.wealthsignals.com/Strategy/Detail/ETF-Pairs-Arbitrage-9IP7Vx is outstanding. The beauty here is that you not only see the out of sample results but also the backtested results. I feel comfortable if they are "in synch".

A cursory look is that he's back-testing/forward-testing a strategy on leveraged ETFs and probably does not take borrow rebates or transactions costs into account.

Volker Knapp · Mar 8, 2019

I can not follow you here. I am not sure what borrow rebates have to do with it?
Also I feel, depending on the position size the cost of trading can be neglected.

Glitch · Mar 8, 2019

sle said:
A cursory look is that he's back-testing/forward-testing a strategy on leveraged ETFs and probably does not take borrow rebates or transactions costs into account.

The ETF Pairs Arb system trades two symbols, and MAYBE places 1 trade every 30 days on average. Even if it does not consider commission the difference would be negligible.

sle · Mar 8, 2019

Glitch said:
The ETF Pairs Arb system trades two symbols, and MAYBE places 1 trade every 30 days on average.

Is it a long-only system?

Volker Knapp · Mar 8, 2019

It buys QID and QLD. QID is ProShares UltraShort QQQ.

sle · Mar 8, 2019

Volker Knapp said:
It buys QID and QLD. QID is ProShares UltraShort QQQ.

Interesting. Not interesting enough to subscribe, but interesting enough to read a description when I get home.

Volker Knapp · Mar 8, 2019

I made a screenshot of the last three trades (not sure if you can open it): https://www.dropbox.com/s/n0qfc3ep8u7zopg/Screenshot 2019-03-08 15.22.27.png?dl=0
In case you can open it, here are the entry and exits of QID:
https://www.dropbox.com/s/4bgxg5u42l0zj5o/Screenshot 2019-03-08 15.24.28.png?dl=0
Let me know if you the screenshots are displayed correctly.

Volker Knapp · Mar 8, 2019

sle said:
Interesting. Not interesting enough to subscribe, but interesting enough to read a description when I get home.

I am a subscriber because I am impressed by the percent profits. 90+ percent last year looks good for me. If you are better feel free to share your success on WealthSignals?

bashatrader · Apr 11, 2019

WL 4 was a great platform. In used it some years ago with a program called APS that generated code for systems. I still use NT7 and successor of APS called DLPAL S. Both great programs and I have developed some excellent systems but I miss WL.