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Dennis,
There are many possibilities when percentage becomes more meaningful then $.
For example if you have a portfolio of securities/futures to look at. How do
you vary your size during backtest in TS in relation to the portfolio (which
is the only way to look at it unless you only trade one market with one
system)?
Volker Knapp
(www.wealth-lab.com)
-----Ursprüngliche Nachricht-----
Von: DH [mailto:catapult@xxxxxxxxxxxxxxxxxx]
Gesendet: Tuesday, August 24, 2004 10:32 PM
An: Omega List
Betreff: Re: Add on Performance summary with Percent values and lot more.
This has been discussed many times on the list. It's probably all in the
archives.
It is not necessary to do percentage calculations or to buy expensive
add-ins. All you need is vary your size (number of contracts/shares
traded) during the backtest so each trade is risking an equal dollar
amount. Then all the standard TS stats become meaningful.
Of course, people selling books and/or software advocating percentages
will no doubt disagree. :-)
--
Dennis
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