Re: [EquisMetaStock Group] Which is Better?

[Bodaire <bodaire88@xxxxxxxxxx>]

Sorry. MM was for Money Management. All commissions and spreads were taken
into account.
Yes, the drawdowns are very important. I once came up with a system
that made me half a million dollars over the 25 year backtest.  But
it made 2.5m and lost 2m.  With my luck, the losses would all be up
front.  :-)
Bodaire
--------
Vignesh Eswar wrote:

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<span 
>Bodaire, ajay




I
presume the figures listed are after commissions and by MM you mean Mark-to-market
losses or drawdowns as they are popularly
known. I think its obvious that system c
has the best post commission figures. A higher profit /day figure is preferable
over a higher profit/trade figure. 



However
you should also rank for maximum and average drawdowns
as this determines <span 
class=GramE>the robustness
of a system, not to mention your own comfort levels. 


Regards,


Vignesh
Eswar

Trade
Well. Trade Wise.
<span 
>-----Original
Message-----

From:
Bodaire [mailto:bodaire88@xxxxxxxxxx<span 
class=GramE>]
Sent<span 
>:
28 July 2004 01:10
To:
equismetastock@xxxxxxxxxxxxxxx
Subject:
Re: [EquisMetaStock Group] Which is Better?

<span 
>

<span 
>The
figures were just given as an exercise, Ajay.  I get results in proportion
to those figures with 25 year backtesting.  But that's not important. 

<span 
>Which
is better, the #W/#L, the bigger %profit/trade, the bigger %profit/day. 

<span 
>Or
what? 

<span 
>Bodaire
------------ 

<span 
>Ajay
Joglekar wrote: 

<span 
><span 
>Two
things here:

1.What
is the time frame over which u tested this?

<span 
>Test
the systems over a longer range and see if u get significantly
different
results.

<span 
>2.Are
the trades automated?I mean are you trading with no manual
interference
or do u take signals and then put order to the broker
urself
using ur phone or using a mouse click?

<span 
>Here
if u are trading manually(as against automated) then number of
trades
would be a major factor.I like to have the least effort with
max
output :)


<span 
>-Ajay
 


<span 
>-----
Original Message -----
From:
Bodaire <bodaire88@xxxxxxxxxx>
Date:
Tue, 27 Jul 2004 01:22:50 -0400
Subject:
[EquisMetaStock Group] Which is Better?
To:
EquisMetaStock <equismetastock@xxxxxxxxxxxxxxx>, MetastockUsers
<metastockusers@xxxxxxxxxxxxxxx>

<span 
>I've
been thinking about this question and I can't
decide
which is better.  The figures are for 1.00
Lots
per trade with no MM.  I don't know which
would
give better results with MM.  Here are some
sample
figures for A, B and C:

<span 
>%Profit         
A) 48     B) 65    C) 80
#Trades        
A) 12     B) 18    C) 25
#W/#L         
A) 1.87  B) 1.98  C) 2.79
%Prof/Trade
A) 4.00  B) 3.51  C) 3.21
%Prof/Day   
A) 1.49  B) 2.01  C) 2.50

<span 
>What's
more important in the long run? Making more
money
per trading day (1 week=5days)?  Making more
money
per trade with less trades?  The better W/L
ratio? 
Something else?

<span 
>Bodaire











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