|
PureBytes Links
Trading Reference Links
|
OK, assume I have some figures like:
Ratio avg win/avg loss: 2.60 Avg. trade (win & loss): 0.29 Profit factor: 1.30
and
Ratio avg win/avg loss: 1.17 Avg. trade (win & loss): 0.51 Profit factor: 1.26
Now, one of them generates 3 times as many trades and naturally has a
higher dollar return. The problem is that I can only physically trade a
small proportion of the identified trades as I am intraday trading on
margin and really only looking to compare entry strategy.
I'm unsure in the circumstances how to determine which best suites my needs
- but I'm inclined to think that as I can only physically trade a small
proportion of the identified trades, I should be looking to trade the
entries that give me the best average trade win - the second strategy.
Dunno - would appreciate any thoughts from traders on selection of the
strategy.
Arthur
>Avg win/loss would be the dollar ratio of returns per trade (count the
>dollars)
>
>Avg trade win/loss would be the number of wins/loss trades ratio (count the
>wins/losses)
>
>Or vice versa
>
>Cheers,
>Graham
>http://groups.msn.com/ASXShareTrading
>http://groups.msn.com/FMSAustralia
>
>
>-----Original Message-----
>From: Arthur Sawilejskij [mailto:arthur@xxxxxxxxxxxxxxx]
>Sent: Friday, 19 September 2003 7:48 AM
>To: amibroker@xxxxxxxxxxxxxxx
>Subject: [amibroker] interpreting AA test results
>
>
>I've been running a set of intraday scripts and getting the results and I'm
>having trouble understanding them and knowing what to look for.
>
>For example, some have a higher Ratio avg win/avg loss: but a lower Avg.
>trade (win & loss): - and vica versa.
>
>I seem to be having a mental block in discerning the difference and what
>figures I should be looking at to make decisions about what gives me the
>best trading signals.
>
>If anyone can give me a simple explanation or point me to a web page that
>deals with this issue it would be greatly appreciated.
>
>Arthur
>
>
>------------------------ Yahoo! Groups Sponsor ---------------------~--> Buy
>Remanufactured Ink Cartridges & Refill Kits at MyInks.com for: HP $8-20.
>Epson $3-9, Canon $5-15, Lexmark $4-17. Free s/h over $50 (US & Canada).
>http://www.c1tracking.com/l.asp?cid=6351
>http://us.click.yahoo.com/0zJuRD/6CvGAA/qnsNAA/GHeqlB/TM
>---------------------------------------------------------------------~->
>
>Send BUG REPORTS to bugs@xxxxxxxxxxxxx
>Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
>-----------------------------------------
>Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
>(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/
>
>
>
>Send BUG REPORTS to bugs@xxxxxxxxxxxxx
>Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
>-----------------------------------------
>Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
>(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/
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Special Sale: 50% off ReplayTV
Easily record your favorite shows!
CNet Ranked #1 over Tivo!
http://us.click.yahoo.com/WUMW7B/85qGAA/ySSFAA/GHeqlB/TM
---------------------------------------------------------------------~->
Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(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/
|