|
PureBytes Links
Trading Reference Links
|
Well, you could look at the trades and subtract out the ones that occurred
before the 200 day ma kicked in.
Personally I tend to ignore the buy and hold stats for this reason: my
systems are not in a stock 100% of the time. If I have a system that shows a
70% profit against 100% for buy and hold but is only in the stock 10% of the
time then the other 90% of the time the system is playing other stocks. So
comparing it to buy and hold is irrelevant. Besides, what fun is buy and
hold? That's what my mother did.
Good luck,
John Manasco
----- Original Message -----
From: "Tony" <tnyhaug@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Thursday, August 17, 2000 9:33 AM
Subject: System Tester Question? Moving Average Entry
> On Wed, 16 Aug 2000 14:24:54 EDT, you wrote:
>
> Hallo Gents,
>
>
> One of the trading systems I am testing uses moving average crossover
> as buy signals. One looks for a 10day avg to cross the 200day with
> some stochastic confirmations. The other test is 10day cross of a 50
> day average. The problem is that no entry takes place until at least
> 200 days of loaded data is available even for the shorter test. So I
> apparently cannot do an apples to apples comparison with the buy and
> hold profits that buy on the first loaded date.
>
> Is there a way of loading the data so that a fair comparison between
> my system and the buy/hold strategy makes sense or does everyone just
> ignore what would appear to be the most fundamental test of the
> system.
>
> Thanks for your input,
> Tony
>
|