|
PureBytes Links
Trading Reference Links
|
I can't remember the original message - but my recollection is it dealt with US
equities (i.e., securities in a secular bull market). In my experience - the
percentage profitable has something to do with the type of system - but it has
more to do with the primary trend in the market you're looking at (i.e., you're
likely to get a higher % of wins going long in a security that's in a secular
bull market than a security that's in a secular bear). BTW - because I work with
intermediate ---> longer term systems - I always test them against a buy and hold
strategy. One mark of a strong secular bull market is buy and hold usually beats
all but the most overoptimized systems. Robyn
Jimmy56@xxxxxxx wrote:
> Isn't the percentage profitable more a question of the type of system? If
> it's a trend following system--especially if it's always in the market, stop
> and reversal--then 66% would be a great percentage profitable. 66% is more
> like a pattern buy of some type or a volitility breakout entry. A trend
> following system could have 45% in a bull market and still make out like a
> bandit because of a few huge wins. Isn't that so?
>
> Jim
|