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Anthony,
I thought to begin this thread with a method I use for years, even
with MSEXCEL the ...happy 99 times [I sold the whole thing when the
portfolio equity crossed its 15-day MA, after a long extra-bullish
period, no doubt about it]
Do you critisize the cross EMA40 method or the Equity itself ?
In the second case, we will loose the method [I hope to see other
methods too].
I would like your opinion for this EMA40 idea.
Of course, any other criticism is always appreciated.
The Smoothed Stochastic CCI Equity curve is another [perhaps
interesting] subject.
I will post later the full formula to see better.
DT
--- In amibroker@xxxx, Anthony Faragasso <ajf1111@xxxx> wrote:
> Dimitri,
>
> Thank you for continuing this Thread, It is an important part of any
> traders success or failure.
>
> Strategy and Money management are the two most important parts of
any
> trader's overall plan.
>
> The best entry rule is useless without proper risk control. You can
> almost perfectly analyze a developing market situation, find the
best
> strategy to exploit that situation, and be almost perfectly correct
in
> your forcast of what that market will do, and yet still lose money
if
> you do not use proper risk control and money management.
>
> There are so many variables which constitute Money management , that
> just pinning it to an Equity curve crossover would be dangerous for
most
> traders. In the 3 gifs that you have posted , the Drawdowns in the
> equity curves appear to be excessive even though the equity curves
are
> above the 40 period EMA , how do you protect yourself from these
> drawdowns ? Are you in that much cash to absorb these drawdowns ?
>
>
> Anthony
>
>
>
> Dimitris Tsokakis wrote:
>
> > Another [interesting] example.Athens SE General Index had a nice
> > fitting to the Stochastic CCI system from A [Aug 2000] toB [April
> > 2001]. Take the Profits [nearly +60%] and stay in cash.The 40-day
EMA
> > cross at B is more than clear.The system is no good anymore for a
> > quite long period.Slightest attempts for the Equity red curve to
> > exceed its EMA were very dangerous until mid December 2001.A new
> > fitting period seem to begin and give some interesting profits
[+10%]
> > till Feb 2002 and out of thesystem again and again.The actual
Equity
> > curve should point 17000, the equity without this type of
management
> > is at 7276.The all-season "blind backtesting" has no relation with
> > real trading conditions.Any excellent system may change.You
should be
> > there to stop it, instead of insisting with some fanatism and
loose
> > the profits and a part of theinitial equity in the name of the
holly
> > system.Dimitris Tsokakis
> >
> >
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>
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