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Below, in quotes, is from you output
"Long 1/21/2003 1/22/2003 -33376.44 13881799.30 "
On 1/21 QQQ closed 25.03 and on 1/22 it closed 24.93 based
on Yahoo quotes. That is, the loss was only 10 cents
With 10K equity as shown on your report, here is a breakdown of the
trade that would happen:
Buy for 10k @25.03 = 399.52 shares
Sell 399.52 shares at 24.93 =9960.03, so
10k-9960.03 = 39.97, this ought to be the loss. So, how
come the loss in your report is -33376.44
Your test is, I think, compounding, or is it not?
When u turn off compounding and test, I'd be very much interested
in the results again.
tia
nand
--- In amibroker@xxxxxxxxxxxxxxx, Fred Tonetti <ftonetti@xxxx> wrote:
> Here are the results from a little system I got the concept for a
few
> days ago to trade QQQ .
>
> Before you ask, it does not use future data or have funny settings
for
> when it takes trades.
>
> It's very simply based on taking trades same day at end of day which
> when used with QQQ would clearly be possible. No fancy stops or
profit
> targets just long, short or on the beach.
>
> With 17+% DD's close to close and more using intraday prices it's
> clearly not perfect nor for the timid, but hey in this business
what is
> .
>
> With almost 75% wins, a maximum flat to down equity length of 40
bars it
> doesn't take a ton of tolerance and the returns are not horrible
either
> and it has a relatively straight equity curve.
>
> I don't trade this and may never trade it but it is at least semi
> interesting and does show that fully mechanical systems for NDX/QQQ
can
> be written and traded over a relatively long period of time and
number
> of trades in good markets and bad..
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