|
PureBytes Links
Trading Reference Links
|
To Lists:
I added some additional test dates.These were 1/2/98 to 1/20/98.
The results were:
5 Wins----$16,250
7 Losses--$12,750
Profit----$ 3,750
Drawdown still has not exceeded $6000.I have now back tested over 100 days and will present a summary in the near future.
Today was also the third day of real time testing for me and I am happy to report it was a winning trade and I am in the black after the first 2 losing trades.
The system put me on the buy side at 1121.50 and we are out at 1124.00.Profit of $625 less commission.I am not proud of this but I tweaked the system based upon my observation that it usually is on the right side of the trade in the A.M. I therefor got out at 1126.20 for a profit of $1175 less commission.I know it is not a lot but I am just a beginner.Besides my broker told me I don't really have a system so I can do what I want.I am glad I started with the mini to work up my courage for today.
The signal for 5/14/98 is 1122.87.If the market opens above 1122.87 I buy on the open with a stop loss 800 points from the point of entry.Exit M.O.C.
If the market opens below 1122.87 I sell on the open with a stop loss 800 points from the point of entry.Exit M.O.C.
I am happy to see so many of you sharing your trading ideas.Even the Master Suite system bashing is in good spirit.You really are a good bunch of guys!
In response to math I have 4 equations,1 for trend,1 for volatility,1 for breadth of market and 1 for momentum. They are integrated to produce a mathematical and non-linear point of convergence by the use of calculus and logarithms.God Don't you just love this country when crazy things like this might work.
Later, John
|