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Hi,
I don't have results for 5 or 6 years. I can produce results for
only 1 month when the simulated account expires and I need to open a
new simulated account every month.
These results occur because of holding massive margined positions
under leverages of 100:1 (FOREX and Futures) and solid money-
management techniques.... certainly not for the faint-hearted...
Fortune favors the brave...
By keeping one's funds 100% invested at all times, it is very
possible to achieve returns of 5000% or higher. If a $25 stock moves
$1, that's a gain of about 4%. 5 stocks, that is a gain of 20%. It
doesn't matter which direction it moves as long you are willing to go
long as well as go short...
Let me interject a quick comment on leverage. If you are trading on
Margin with your broker, you can trade twice your account balance.
That is, if you have $100,000 in your account you can actually take
$200,000 in positions in the market. So, a 10% gain in a fully
margined account is like 20% in a non-margined account.
The trick is to stay invested at all times and make CONSISTENT
gains. We need to clear only 10% if we are trading on margin. Every
day a host of stocks make moves of 5%, 10% or more. 1 and 2% movers
are everywhere...
I would be happy to post the results at the end of this month....
Regards,
Pal
--- In amibroker@xxxxxxxxxxxxxxx, "Fred" <fctonetti@xxxx> wrote:
> I'd like to see the equity curve and statistics for the past 5 or 6
> years from an automated system where you're getting 20% per day.
If
> you could generate those kind of returns people would be coming out
> of the woodwork to bankroll your trading. After all beginning with
a
> balance of $100k you'd have close to $10b after 3 months. Then of
> course you'd need to ante up some fairly fat estimated tax payment
> for uncle.
>
> --- In amibroker@xxxxxxxxxxxxxxx, "palsanand" <palsanand@xxxx>
wrote:
> > Hi,
> >
> > To make a trading system profitable, we need a good money
mangement
> > system in-addition to a good signal detection, verification and
> > interpretation system.
> >
> > I find it very difficult to automate good money management
> > strategies. Sometimes, you have to enter the market at MOO
> (previous
> > session's close price), sometimes at High Of Day/Low Of Day
etc.,
> > Sometimes you have to Pyramid/Pillar your losing positions and
then
> > close out your losing positions at break even price. Sometimes
you
> > have to have wide stops, sometimes narrow stops, sometimes no
stops
> > (combine options with the straight underlying instrument).
> Sometimes
> > the data is not accurate and so your back-testing results are
> bogus.
> > It is just too complex to automate all of them. The best I can
do
> is
> > to record my trades and co-relate with my trading report from my
> > account.
> >
> > I do not believe the back-testing report created by the
software.
> I
> > don't think it is prudent to base your trading just on these back-
> > testing results. You have to test it in the real-world for about
1
> > year with real-world money-management strategies or atleast a
> > simulation account. It is a very slow process... one needs a
hell
> > of a lot of patience, especially when you see your simulation
> account
> > grossing returns of over 20% a day...
> >
> > Maybe the new portfolio tester...
> >
> > Regards,
> >
> > Pal
> >
> >
> >
> > --- In amibroker@xxxxxxxxxxxxxxx, "jtelang" <jtelang@xxxx> wrote:
> > > > After all, the bottom line is to make money! And not to
second
> > > guess
> > > > what you think might occur next. The market is always right!
> > >
> > > Amen!
> > >
> > > I have a random question. Speaking of making money, how/what
kind
> > of
> > > profitable systems have people in this group developed using
AB?
> Do
> > > we have any heavy hitters who've written systems showing
> > _consistent_
> > > 100+% return systems using AB? Anyone interested in results of
> such
> > a
> > > quick survey?
> > >
> > > I myself am currently testing a system which shows following,
> which
> > > I'm in the process of confirming as I keep finding bugs in it :-
> ) -
> > >
> > > Trading type: Stocks (only long plays)
> > > Period: Short term, 2-5 days in a trade.
> > > Avg annual return over last 5 years of data: Around 30%
> > > Max system % drawdown: 20%
> > >
> > > I know its certainly not a high flying system by any means, but
> at
> > > the same time I also read everywhere that most traders end up
> > losing
> > > money, so at least by that standard it sounds like a good one
to
> > > start with. :-)
> > >
> > > Would love to hear statistics from other experts here. I'm sure
> > > there're lots of them...
> > >
> > > Jitu
> > >
> > > --- In amibroker@xxxxxxxxxxxxxxx, "Joe"
> > <run_for_your_life2003@xxxx>
> > > wrote:
> > > > Yeah, trust you signals because if they give you the wrong
> signal
> > > > you can only blame yourself for your mistakes.
> > > > At the moment a lot of investors thinks this market will tank
> in
> > > > October! I still buy according to the signals on my graph!
> > > >
> > > > Will the majority be fooled this month thinking a downmove in
> > > stocks
> > > > and in reality happens in November. I buy my stocks according
> to
> > my
> > > > signals! Very rarely listen to news on television or the
> > newspaper
> > > > and do a much better job on investing now.
> > > >
> > > > After all, the bottom line is to make money! And not to
second
> > > guess
> > > > what you think might occur next. The market is always right!
> > > >
> > > > --- In amibroker@xxxxxxxxxxxxxxx, "palsanand"
<palsanand@xxxx>
> > > wrote:
> > > > > Hi,
> > > > >
> > > > > READ NOTHING, LISTEN TO NO ONE, EXCEPT YOUR SIGNALS...
> SIGNALS
> > > > TALK
> > > > > TO YOU, SOMETIMES THEY SCREAM...
> > > > >
> > > > > LEARN TO BUY ON BEARISH NEWS AND SELL ON BULLISH NEWS
> > > > >
> > > > > Regards,
> > > > >
> > > > > Pal
> > > > >
> > > > > --- In amibroker@xxxxxxxxxxxxxxx, "palsanand"
> <palsanand@xxxx>
> > > > wrote:
> > > > > > Hi,
> > > > > >
> > > > > > THE TREND IS YOUR FRIEND BUT NOT WHEN IT IS GOING TO
END....
> > > > > > CUT YOUR LOSSES SHORT & LET YOUR PROFITS RUN....
> > > > > > THERE IS A TIME TO GO SHORT, A TIME TO GO LONG, AND A
TIME
> TO
> > > GO
> > > > > > FISHING....
> > > > > > BUY LOW, SELL HIGH....
> > > > > > BUY EAGERLY, SELL RELUCTANTLY....
> > > > > > YOU CAN'T CHERRY PICK SIGNALS, YOU HAVE TO TRADE EVERY
DAMN
> > ONE
> > > > OF
> > > > > > THEM....
> > > > > >
> > > > > > Regards,
> > > > > >
> > > > > > Pal
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