Posted by sporopat on 14th of Jun 2011 at 01:48 pm
Out of curiosity - I also looked up how the 1st trade did when
there were a total of 4 entries (just wanted to see the odds of the
single entry system having a winning trade when 4 entries were
taken using the multitrade system).
Entry Date / Duration* / Profit for 4th trade/
Profit for 1st trade (or single entry):
history of 4th entries
Posted by yojimbo on 11th of Jun 2011 at 05:46 pm
Entry Date / Duration* / Profit:
Oct 30 2009, 6 days, 4.24%
Mar 3 2009, 52 days, 27.54%
Jul 2 2008, 4 days, 1.05%
Aug 24 2007, 2 days, 3.11%
Jul 19 2004, 2 days, 1.43%
Apr 4 2002, 5 days, 0.20%
Jul 27 2000, 10 days, 1.48%
Feb 18 2000, 11 days, 3.47%
Apr 19 1999, 8 days, 4.68%
Apr 28 1998, 6 days, 3.29%
*Duration is in trading days (entry date to exit date)
Out of curiosity - I
Posted by sporopat on 14th of Jun 2011 at 01:48 pm
Out of curiosity - I also looked up how the 1st trade did when there were a total of 4 entries (just wanted to see the odds of the single entry system having a winning trade when 4 entries were taken using the multitrade system).
Entry Date / Duration* / Profit for 4th trade/ Profit for 1st trade (or single entry):
Oct 30 2009, 6 days, 4.24%, 0.97%
Mar 3 2009, 52 days, 27.54%, 19.72%
Jul 2 2008, 4 days, 1.05%, -3.1%
Aug 24 2007, 2 days, 3.11%, 0.64%
Jul 19 2004, 2 days, 1.43%, -0.94%
Apr 4 2002, 5 days, 0.20%, -2.04%
Jul 27 2000, 10 days, 1.48%, -0.11%
Feb 18 2000, 11 days, 3.47%, -0.91%
Apr 19 1999, 8 days, 4.68%, 1.8%
Apr 28 1998, 6 days, 3.29%, 0.14%
So, it looks like it is a toss up. 5 times out of the last 10 instances, the 1st trade would have also been a winner.
So...
Posted by burkmere on 14th of Jun 2011 at 01:56 pm
So, even a move to the 20dma of the spy would be profitable.