IDK, just trade the charts and systems, ignore all that other
crap because you can't quantify it. I find that TA works just
fine, trading setups works just fine, systems continue to work.
As an example, I have been working on a mech system for the SPY
with another member that goes back to 1993, it worked in the dot
com bubble of the 90's bull market, it worked during the bear
market of 2000 - 2002, the bull market of 2003 - 2007, the bear
market of late 2007 - Mar 2009, and the current bull market from
2009 - present, (it's worked in all markets bull/bear) I don't see
any difference in performance between recent and in the past
not sure, maybe another month, 2 max, it's good now, but want to
improve it, still lots of tests to run to try and make it a little
better and filter out some bad trades.
Here's some stats, first three graphs show you the monthly
stats,time, and other stats, each trade is 100K only, no increase
over time.
the final chart is for fun, shows the system compounded i.e.
each trade profits is re-invested, 100K turns into $13 Mil, or 130
times since 1995
TA by definition can't factor in
Elliot Wave Bull - they are not all bearish
Posted by hazbin1 on 28th of Sep 2010 at 02:10 pm
TA by definition can't factor in QE let alone QE2. which in itself is a put on all risk assets curtesy of the FED
IDK, just trade the charts
Posted by matt on 28th of Sep 2010 at 02:18 pm
IDK, just trade the charts and systems, ignore all that other crap because you can't quantify it. I find that TA works just fine, trading setups works just fine, systems continue to work.
As an example, I have been working on a mech system for the SPY with another member that goes back to 1993, it worked in the dot com bubble of the 90's bull market, it worked during the bear market of 2000 - 2002, the bull market of 2003 - 2007, the bear market of late 2007 - Mar 2009, and the current bull market from 2009 - present, (it's worked in all markets bull/bear) I don't see any difference in performance between recent and in the past
Any idea when your system
Posted by RM686 on 28th of Sep 2010 at 02:51 pm
Any idea when your system will be available?
not sure, maybe another month,
Posted by matt on 28th of Sep 2010 at 03:02 pm
not sure, maybe another month, 2 max, it's good now, but want to improve it, still lots of tests to run to try and make it a little better and filter out some bad trades.
Here's some stats, first three graphs show you the monthly stats,time, and other stats, each trade is 100K only, no increase over time.
the final chart is for fun, shows the system compounded i.e. each trade profits is re-invested, 100K turns into $13 Mil, or 130 times since 1995
Matt, I for 1 am
Posted by hazbin1 on 28th of Sep 2010 at 02:27 pm
Matt, I for 1 am ready for the spy system, I much rather have my computer do the trading than me.
Ditto. Indeed, that SPY system has
Posted by jimsava on 28th of Sep 2010 at 02:41 pm
Ditto.
Indeed, that SPY system has certainly perked my interest.