the systems are long only, been covered 1000 times. Again they
were originally designed for 40K retirement like accounts where you
you can't short easily except for inverse ETF's
also - shorting is a FAR FAR different beast than going long.
Corrections and downtrends tend to be over quickly, are very
emotional and end in washouts and capitualtions
uptrends esp in the indexes last far far longer, prices tend to
chop higher for long periods of time and go on longer and farther
than you think is possible at times; topping is a process and
uptrends can go for long periods of time, which the KISS long
systems attempt to caputure. The system has to give enough
room not to be stopped out all the time on noise
you can't simply do the inverse of the KISS system for shorts -
as I stated downtrends tend to over quickly, are fast and volatile.
For shorts - you can't give them ample room like you do with longs:
the logic would have to be MUCH tigher for shorts and with some
addional rules for simply taking profit and closing out vs waiting
for an STS stop to be hit, or using extremely tight stops vs
what you use for longs.
I've gotten the system to work on some inverse ETF's but I have
to use extremely tight settings, and even though really some other
logic needs to be in place as well.
the KISS systems are pretty cool though: in their ability to
caputure at least the gains of buy and hold if not 2 to 5 times
more, all while taking 1/7th or less of the draw down. The fact
that they can do all that only playing one side of the market is
pretty amazing
New KISS systems. Will
Posted by bp17 on 17th of Nov 2023 at 11:00 am
New KISS systems. Will they be long only? If so have you tested going short when they exit the market?
the systems are long only,
Posted by matt on 17th of Nov 2023 at 11:09 am
the systems are long only, been covered 1000 times. Again they were originally designed for 40K retirement like accounts where you you can't short easily except for inverse ETF's
also - shorting is a FAR FAR different beast than going long. Corrections and downtrends tend to be over quickly, are very emotional and end in washouts and capitualtions
uptrends esp in the indexes last far far longer, prices tend to chop higher for long periods of time and go on longer and farther than you think is possible at times; topping is a process and uptrends can go for long periods of time, which the KISS long systems attempt to caputure. The system has to give enough room not to be stopped out all the time on noise
you can't simply do the inverse of the KISS system for shorts - as I stated downtrends tend to over quickly, are fast and volatile. For shorts - you can't give them ample room like you do with longs: the logic would have to be MUCH tigher for shorts and with some addional rules for simply taking profit and closing out vs waiting for an STS stop to be hit, or using extremely tight stops vs what you use for longs.
I've gotten the system to work on some inverse ETF's but I have to use extremely tight settings, and even though really some other logic needs to be in place as well.
the KISS systems are pretty cool though: in their ability to caputure at least the gains of buy and hold if not 2 to 5 times more, all while taking 1/7th or less of the draw down. The fact that they can do all that only playing one side of the market is pretty amazing
I'd love to see backtests
Posted by shinkans3n on 17th of Nov 2023 at 11:23 am
I'd love to see backtests comparing buy and hold with specific stocks like AAPL. Is this something you've calculated?
The QQQ results were amazing.
Matt posted AAPL stats just
Posted by skwan1940 on 17th of Nov 2023 at 11:26 am
Matt posted AAPL stats just recently: https://breakpointtrades.com/blog/post/414952/