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Tomasz,
Thanks.
AB is offering "too many" options.... it's great ... and a constant
learning process
Ara
--- In amibroker@xxxx, "Tomasz Janeczko" <amibroker@xxxx> wrote:
> Ara,
>
> This is not the point.
> PositionSize allows to specify variable size of position
> (varies from trade to trade).
>
> For example in the first trade you may invest $25000
> in the second trade $20000 and in the third trade $15000.
>
> Buy and Hold simulation buys at the very first bar of analysis
period
> and sells at the last bar of analysis period.
> PositionSize variable at the first bar of analysis period can be
> undefined or set to completely weird value so using it would
> cause big confusion. On the other hand one would use one
> of the position sizes used for trades but the question arises
> which one to choose (highest/lowest/average?).
> There is also 3rd aspect of the whole thing: to keep B&H results
> comparable between themselves the same calculation procedure
> has to be used regardless of formula used.
> After all Buy and Hold strategy should not depend on the formula
used.
>
> Best regards,
> Tomasz Janeczko
> amibroker.com
> ----- Original Message -----
> From: "akaloustian" <ara1@xxxx>
> To: <amibroker@xxxx>
> Sent: Monday, October 28, 2002 9:48 PM
> Subject: [amibroker] Re: Tomasz - PositionSize
>
>
> > Tomasz,
> >
> > I was under the impression that when PositionSize is specified,
the
> > trade will be that amount if funds are available or no trade if
> > adequate funds are not available. If so, the B&H amount can be
> > determined.... Does position shrinking work with PositionSize,
> > complicating the issue?
> >
> > Is my understanding correct?
> >
> > Ara
> >
> >
> > --- In amibroker@xxxx, "Tomasz Janeczko" <amibroker@xxxx> wrote:
> > > Ara,
> > >
> > > In B&H calculation all equity is invested regardless of
position
> > size variable.
> > >
> > > Since PositionSize can vary from trade to trade AmiBroker
> > > is not able to guess what value of PositionSize should be used
for
> > > B&H. Maximum, minimum, average ?
> > >
> > > Best regards,
> > > Tomasz Janeczko
> > > amibroker.com
> > > ----- Original Message -----
> > > From: "akaloustian" <ara1@xxxx>
> > > To: <amibroker@xxxx>
> > > Sent: Monday, October 28, 2002 4:06 AM
> > > Subject: [amibroker] Tomasz - PositionSize
> > >
> > >
> > > > When I testing with PositionSize specified, and compare
results
> > > > without positionsize, the results for the strategy change
> > properly,
> > > > but the B&H results do not change.
> > > >
> > > > I beleive the B&H results should be the same for % returns
but
> > the
> > > > absolute $ return should change (assuming total equity and
> > position
> > > > size are different)
> > > >
> > > > Ara
> > > >
> > > >
> > > >
> > > > Post AmiQuote-related messages ONLY to: amiquote@xxxx
> > > > (Web page: http://groups.yahoo.com/group/amiquote/messages/)
> > > >
> > > > Check group FAQ at:
> > http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> > > >
> > > > Your use of Yahoo! Groups is subject to
> > http://docs.yahoo.com/info/terms/
> > > >
> > > >
> > > >
> >
> >
> >
> > Post AmiQuote-related messages ONLY to: amiquote@xxxx
> > (Web page: http://groups.yahoo.com/group/amiquote/messages/)
> >
> > Check group FAQ at:
http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
> >
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