|
PureBytes Links
Trading Reference Links
|
Good thoughts...
Also, can one really trade 5 minute bars? The losing trades here are only
5-6 bars (25-30 minutes) in length. A couple of slipups in a 35% winning
system can kill it. And why are we trading SPZ7 all the way back to 1996?
>Glenda , some general comments. Every heard of the term islands, and
>continents?? If not I would pick up some books by Kaufman. Second are
>the costs included in the net profit. Third are you a trader that can
>stand losing alot and winning big amounts on a couple of trades. Very hard
>on the mind.
>
>My personal thoughts -- I would not touch this system.
>
>Mark.
>
>----------
>> From: Glendajyce@xxxxxxx
>> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>> Subject: $ 227000 PROFIT / 1 CONTRACT OF SP'S IN LAST 11 MONTHS
>> Date: Tuesday, December 02, 1997 10:44 PM
>>
>> Below are the TradeStation summaries for an SP system that trades 5min
>> intervals
>> and exits MOC. There are no settings under STOPS for this system. All
>action
>> is
>> self contained in the code, with no assumptions being made by TS. This
>system
>> is
>> being traded at the moment by a private trader, and he agreed to provide
>a
>> demo to
>> me. That's all I can say! My problem is, I would like an evaluation by a
>few
>> of you
>> astute realtraders about this demo. Email me, and I will upload a copy of
>the
>> TS ela
>> demo to for evaluation. All I ask is your frank appraisal.
>>
>> Happy Holidays,
>>
>> Glenda Joyce
>>
>>
>>
>>
>>
>> SP7Z-5 min 12/29/96 - 05/30/97
>>
>> Performance Summary: All Trades
>>
>> Total net profit $ 107785.00 Open position P/L $ 0.00
>> Gross profit $ 355120.00 Gross loss $-247335.00
>>
>> Total # of trades 623 Percent profitable 36%
>> Number winning trades 226 Number losing trades 397
>>
>> Largest winning trade $ 9880.00 Largest losing trade $ -1790.00
>> Average winning trade $ 1571.33 Average losing trade $ -623.01
>> Ratio avg win/avg loss 2.52 Avg trade(win & loss) $
>>173.01
>>
>> Max consec. winners 5 Max consec. losers 11
>> Avg # bars in winners 16 Avg # bars in losers 6
>>
>> Max intraday drawdown $ -15945.00
>> Profit factor 1.44 Max # contracts held 1
>> Account size required $ 15945.00 Return on account 676%
>>
>> SP7Z-5 min 06/03/97 - 12/01/97
>>
>> Performance Summary: All Trades
>>
>> Total net profit $ 120125.00 Open position P/L $ 0.00
>> Gross profit $ 424515.00 Gross loss $-304390.00
>>
>> Total # of trades 740 Percent profitable 37%
>> Number winning trades 275 Number losing trades 465
>>
>> Largest winning trade $ 9775.00 Largest losing trade $ -2025.00
>> Average winning trade $ 1543.69 Average losing trade $ -654.60
>> Ratio avg win/avg loss 2.36 Avg trade(win & loss) $
>>162.33
>>
>> Max consec. winners 5 Max consec. losers 9
>> Avg # bars in winners 14 Avg # bars in losers 5
>>
>> Max intraday drawdown $ -13035.00
>> Profit factor 1.39 Max # contracts held 1
>> Account size required $ 13035.00 Return on account 922%
>>
|