riggs
313 posts
msg #40599
- Ignore riggs |
1/22/2006 7:21:05 PM
Found this that "Holy Grail" wrote some time ago, but never got the respect it deserved. Seems to be a great 10-15 day filter. If you like Penny's, you'll love this filter...
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guru_trader
485 posts
msg #40608
- Ignore guru_trader |
1/23/2006 4:56:07 AM
What would you recommend as an exit filter for backtesting this type of trade strategy?
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nikoschopen
2,824 posts
msg #40623
- Ignore nikoschopen |
1/23/2006 2:59:25 PM
GT,
Don't be too surprised if he were to answer ure question with "it ain't what you backtest, it's how you backtest" (or the like). Hehe...
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riggs
313 posts
msg #40627
- Ignore riggs |
1/23/2006 3:46:05 PM
Mikocockpen -
Stick to cut n pasting everyone elses e-books, because comedy is not your thing at all. HeHeHe...
RIGGS
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nikoschopen
2,824 posts
msg #40632
- Ignore nikoschopen |
1/23/2006 4:32:18 PM
Riggs,
Common decency dictates that one should always return the favor in kind, but I'll refrain from personal attacks. I need only mention that if I'm cutting/pasting other's e-books (which I explicitly acknowledged), you're cutting/pasting other's filters. Nevertheless, I look forward to more of your filters. BTW, did you think I was being funny?
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riggs
313 posts
msg #40633
- Ignore riggs |
1/23/2006 4:57:06 PM
Mikocockpen -
"BTW, did you think I was being funny?"
______________
Noooo....I think you were TRYING to be funny. Again, less entertainment, and more pasting! LOL....
RIGGS.
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riggs
313 posts
msg #40650
- Ignore riggs |
1/23/2006 8:48:50 PM
GURU_TRADER -
That "backtest" feature is there for a reason. Don't let ANYONE discourage you from using it! Believe me, THEY are using it themselves just as much as you are. And you're so right, it does make fetching fun!
RIGGS.
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updown
18 posts
msg #40699
- Ignore updown |
1/25/2006 5:45:50 PM
do you have any other penny stock filters?
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guru_trader
485 posts
msg #40647
- Ignore guru_trader
modified |
1/26/2006 4:24:20 AM
That may be, but I've been learning to work with the backtesting feature on this site and it has a lot more potential than I originally thought.
Note: Backtesting is definitely not a way to trade since it involves "curve-fitting" but it can be fun tweaking the results.
So far, I have tweaked the backtest of "Rigg's Penny Stock Filter" using TRO's RSI exit strategy over the last two years and here are the results:
2004-2005 = 1200.92%
2004 only = 1022.18%
2005 only = 1323.45%
Keep in mind, this is for "Entertainment Purposes Only" and I doubt I would have taken many of the risky trades this filter would have recommended.
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riggs
313 posts
msg #40762
- Ignore riggs
modified |
1/28/2006 7:07:23 PM
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