and regarding the Max Draw, what's funny about that 10% max
losing trade on the single entry system is that that ended up being
a huge winning trade of 25%. The system went long just before
the March 09 bottom, but since it went long a little early and
since the market was so volatile at that time, the system took some
heat for about a week.
Otherwise the the multi entry system max draw down was 4% on
that trade.
Posted by philosoraptor on 5th of May 2011 at 02:37 pm
I agree. Also Stefano, Matt mentioned the
other day in a post that anyone wanting to place a 'crash stop' for
their own peace of mind would need to place it at around the 15%
mark:
Stefano - I think 10%
SPY MAX DRAW DOWN
Posted by sporopat on 5th of May 2011 at 02:22 pm
Stefano - I think 10% and 4% are the max dd during the intra trade period. 3.4% and 1.3%, respectively, are the max closing losses for each system.
and regarding the Max Draw,
Posted by matt on 5th of May 2011 at 02:38 pm
and regarding the Max Draw, what's funny about that 10% max losing trade on the single entry system is that that ended up being a huge winning trade of 25%. The system went long just before the March 09 bottom, but since it went long a little early and since the market was so volatile at that time, the system took some heat for about a week.
Otherwise the the multi entry system max draw down was 4% on that trade.
I agree. Also Stefano, Matt
Posted by philosoraptor on 5th of May 2011 at 02:37 pm
I agree. Also Stefano, Matt mentioned the other day in a post that anyone wanting to place a 'crash stop' for their own peace of mind would need to place it at around the 15% mark:
http://breakpointtrades.com/blog/post/155172/#155520