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I tried to post the results but the file came out truncated... With
FOREX you can certainly get 100:1 levarage... You have to use
techniques like pyramiding to counter drawdowns...
Regards,
Pal
--- In amibroker@xxxxxxxxxxxxxxx, "Fred" <fctonetti@xxxx> wrote:
> I'm quite familiar with the math, the metrics and the terms thanks.
>
> Assuming for a minute that you can get 100:1 leverage with
futures,
> which for most contracts you can't, but for the moment assuming you
> can, let's see then, a 1% DD and you're toast, a 2% DD and you're
> house is toast as well.
>
> I wish you the best of luck in your adventures.
>
> --- In amibroker@xxxxxxxxxxxxxxx, "palsanand" <palsanand@xxxx>
wrote:
> > 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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