porti 20 posts msg #83505 - Ignore porti modified |
11/25/2009 7:40:20 PM
Hi all,
Few Months ago before i knew about stockfetcher, i was following this guy with his trades.
www.stocknewbies.com
Either i was always late or too early with the trades, and maybe i can have better results if i can combine his tradeplan with sf, but i really dont have a clue about setting this up. Would be great to apply a filter against my Watchlist
What gets me is the MA(5) bottoming and rising to MA(30) for the buy signal, i cant figure out to filter for stocks that meet that condition. Here is his Plan
(and sorry, i postet this in the wrong forum, should be in general but cant delete it :)
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chetron 2,817 posts msg #83507 - Ignore chetron |
11/25/2009 8:47:16 PM
JUST TO BUY....
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porti 20 posts msg #83515 - Ignore porti |
11/26/2009 2:58:14 AM
Wow, that was fast!
Thanx chetron
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chetron 2,817 posts msg #83518 - Ignore chetron |
11/26/2009 8:30:28 AM
you are very welcome
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porti 20 posts msg #83519 - Ignore porti modified |
11/26/2009 9:56:21 AM
Backtest
31.07.2009 - 25.11.2009
Of the 70 completed trades, 28 trades or 40.00%resulted in a net gain.
Your average net change for completed trades was: -1.81%.
The average draw down of your approach was: -9.18%.
The average max profit of your approach was: 7.76%
The Reward/Risk ratio for this approach is: 0.69
Annualized Return on Investment (ROI): -57.96%, the ROI of ^SPX was: 37.80%.
Backtesting must be the wrong approach for this.
Quess its "how" you trade them like every filter i saw till now.... so its definetly NOT a donkey proof tradeplan for beginners.
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