|
PureBytes Links
Trading Reference Links
|
Ok - got you - yes, I'm looking at the same thing. So here's the
question: if you're not in the market, isn't the curve just a straight
line? How are you altering your trading?
--- In amibroker@xxxxxxxxxxxxxxx, "sebastiandanconia"
<sebastiandanconia@xxx> wrote:
>
> Total portfolio equity is what I'm talking about. Take a portfolio
> that you have, run a system-test, chart the equity curve, then drag-
> and-drop a moving average on top of it. That'll give you an example
> of what I'm looking at with equity curve.
>
>
> S.
>
> --- In amibroker@xxxxxxxxxxxxxxx, "droskill" <droskill@> wrote:
> >
> > Sebastian - thanks for the response. However, I think I'm talking
> > about something different. I'm talking about using the overall
> > performance/equity curve of a portfolio to modify the rules
> associated
> > with a trading system. But maybe I'm wrong - what did you mean by:
> >
> > "I swing in and out of the portfolio (long only) using a moving
> > average of the equity as a "buy" area when the general market (SP500
> > as proxy)"
> >
> > When you say equity in this case, do you mean portfolio equity? Or
> do
> > you mean AN equity (as in a single stock)?
> >
> > --- In amibroker@xxxxxxxxxxxxxxx, "sebastiandanconia"
> > <sebastiandanconia@> wrote:
> > >
> > > Coincidentally, I've just recently begun trading along these
> lines,
> > > with good success. With AB's ability to test and track
> portfolios it's
> > > relatively easy.
> > >
> > > My basic method: First, I use a stock screener to locate CANSLIM-
> style
> > > small-caps. (MSN has an advanced one, free and powerful. Major
> > > brokerages have them, too, for customers.) Second, I eliminate
> foreign
> > > issues from this list, keeping only domestic ones. I
> also "eyeball"
> > > all the charts, eliminating stocks with uptrends that are
> > > clearly "broken" but somehow sneaked past the initial screen,
> anyway.
> > > Third, I *randomize* the list by putting it in alphabetical order
> by
> > > ticker symbol. Finally, I choose the first 6 stocks on the list,
> and
> > > that's the portfolio I work with. Each issue gets an equal
> dollar-
> > > amount of money invested.
> > >
> > > I swing in and out of the portfolio (long only) using a moving
> average
> > > of the equity as a "buy" area when the general market (SP500 as
> proxy)
> > > is strong, and use a discretionary exit, i.e., I think the trade
> has
> > > made me as much as it's likely to on this particular upswing.
> > >
> > > Since the beginning of the year I've hit three wins on three
> round-
> > > trips, up about 14%. (Not a brag, because humiliation is only
> one
> > > trade away for us all, just pointing out the potential,
> considering
> > > that the SP500 and other major indices are still down for the
> year.)
> > >
> > > I don't do any position-sizing, and just trade the portfolio as
> if it
> > > was my own personal index. Only having 6 stocks might not seem
> like
> > > enough diversification, but it works surprisingly well.
> > >
> > > FWIW.
> > >
> > >
> > > Sebastian
> > >
> > >
> > >
> > >
> > >
> > > --- In amibroker@xxxxxxxxxxxxxxx, "droskill" <droskill@> wrote:
> > > >
> > > > I was wondering if anyone has any experience with trading the
> equity
> > > > curve itself as part of a system. In particular, I was looking
> for
> > > > feedback on approaches to being above or below the curve - did
> you
> > > > reduce/increase position sizes or the number of positions?
> What have
> > > > you found to be affective?
> > > >
> > > > Any feedback greatly appreciated - obviously I don't want or
> expect
> > > > anyone to give away a great system, but I thought it might be an
> > > > interesting topic for a general discussion.
> > > >
> > >
> >
>
------------------------------------
Please note that this group is for discussion between users only.
To get support from AmiBroker please send an e-mail directly to
SUPPORT {at} amibroker.com
For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
http://www.amibroker.com/devlog/
For other support material please check also:
http://www.amibroker.com/support.html
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/amibroker/
<*> Your email settings:
Individual Email | Traditional
<*> To change settings online go to:
http://groups.yahoo.com/group/amibroker/join
(Yahoo! ID required)
<*> To change settings via email:
mailto:amibroker-digest@xxxxxxxxxxxxxxx
mailto:amibroker-fullfeatured@xxxxxxxxxxxxxxx
<*> To unsubscribe from this group, send an email to:
amibroker-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|