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Mark, my trading now is along similar lines: Focus on strong stocks
(my preference is small- and micro-cap growth) but ONLY when the whole
market is strong.
The main difference between our methods seems to be that you're
deliberately buying on dips and I would only do that
unintentionally.:) The practical outcome is that your returns are 2-3
times what I can reasonably expect, but with higher drawdowns. One of
the "market wizards" (I don't remember which one) once said that if
you expect to double your money you have to be willing to lose 1/3 of
it. Sounds like you're right in there.:)
Thanks for the idea about the 5-8 day time-stops. It might only be
applicable for buying on dips instead of buying into strength, but
I'll look into it anyway.
Luck,
Sebastian
--- In amibroker@xxxxxxxxxxxxxxx, "Mark H" <amibroker@xxx> wrote:
>
> Dr Gaine$
>
> My strategy is dip buying. When the market is bullish, buy strong
stocks when they dip steeply and sell them when they rise.
> The secret is to use time stops (5-8 days) to let your capital work
harder for you.
> The most difficult part is to sit tight when market is not good and
also stomach the drawdown up to 40%.
> Backtest helps a lot to pull the trigger when you are down 40%.
>
> - Mark
>
> ----- Original Message -----
> From: richard gaines
> To: amibroker@xxxxxxxxxxxxxxx
> Sent: Sunday, June 18, 2006 9:40 AM
> Subject: Re: [amibroker] Has anybody made any money???
>
>
>
> Share your strategy with us Mark.
>
> Dr Gaine$
>
> Mark H <amibroker@xxx> wrote:
> Absolutely. Average 126% for the last three years.
> But you should know that software are just tools and not money
printing machines. It is what between your ears matters.
>
> ----- Original Message -----
> From: tom_katch
> To: amibroker@xxxxxxxxxxxxxxx
> Sent: Saturday, June 17, 2006 7:04 AM
> Subject: [amibroker] Has anybody made any money???
>
>
> I own Amibroker software, and have the latest version
(standard). I
> also have Metastock, Vectorvest and some other software. But I am
> sorry to say that Amibroker is the only software I ever bought
that I
> did not study up on. I understand that most of the users are very
> pleased with it from looking at this forum. Most of the
postings are
> of a technical nature, with questions as how to understand and
use the
> software. But I don't recall seeing postings from people
noting their
> success in using the software. Have any of you had
great/good/fair
> success in using it? Have you made a lot/some/little money
with it?
> Maybe some of your positive comments will give me a kick in
the ass,
> and I'll start on the 800 page manual.
>
> Thanks
>
> Fred
>
>
>
>
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