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[amibroker] Re: Multiple Positions, same Security



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Jeff,

I guess the questions I had were related to the exits ... 

Is the only exit a profit stop ? i.e. there is no other way to close 
the position ? 

Beyond that if as you say price drops and you take a second position 
in the stock do you then in essence have two profit stops i.e. one 
at 5% above the original buy price and another at 5% above the 
second buy price ?

--- In amibroker@xxxxxxxxxxxxxxx, "Jeff" <jeffstr@xxxx> wrote:
> 
> > You do realize that this looks into the future?
> 
> Owen, nothing forward looking in this.   I wait for end of day,
> download Yahoo data, then run my scans on the completed current Bar
> for buying opportunities for the next day's open.   Some stat's 
from
> Wealth-Lab;
> 
> Winning % = 95.08
> Avg Bars Held = 35 days
> 
> Be warned.   This is a very capital intensive system and initial
> drawdowns can be ugly.   Scanning is fine but unless we can get 
over
> this lumping and averaging stuff in AB, you won't be able to 
backtest.
> I sure would like the flexibility to optimize the current profit 
target.
> Any ideas?
> 
> --Jeff





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