Recent content by Dacamic

"Stale" results are a red flag, because they could reflect a missed filing deadline by the company. Whatever cut-off date is chosen for fundamental data screens, it might be a good idea to use "avoid" as the default choice for companies that do not have current results.

I agree with both Adamus and Jbat. You should also consider checking robustness of your system by varying its parameters in a narrow range in your backtests. The first step, though, is certainly to test against various market conditions as they suggested.

GG, I believe you referenced me in your post by mistake. I am not sufficiently familiar with the subject software or ATLAS line to offer any in-depth opinion about them.

Possibly, but not necessarily. Even a high winning percentage can be swamped if winners are small and losers are big.

Ditto.

As others have implied, the subject strategy will most likely have a negative expectancy per trade when transactions costs have been properly included; thus, it is not viable.

Whether good news or bad, each person must on their own figure out which techniques will work well for them. For example I use indicator-based systems, while others obviously do not. Even within a given subset of traders, it still fascinates me how widely diverse their approaches are...

As a guess, the Yahoo calculations are based upon 5-minute bars. If all calculations use daily bars (EOD data), their RSI values will be reasonably close to one another.

Rather than search for a single best-performing parameter set, I prefer finding a set that is within a range of sets that perform well. Using your example, I might settle on Stoch(14) if 12,13,15 and 16 also show promise. On the other hand, I would avoid Stoch(14) if its parameter "neighbors"...

One interpretation of the above post is that over 90% of your positions are net profitable when closed. Is that correct? Maybe I'm interpreting "always doing this" too literally.

It seems reasonable to assume anyone consistently earning 75% annually over the long term would find themselves very close to the right edge of the curve. In other words, it is unusual ... even without small drawdowns.

The list probably isn't directly applicable to everyone. At the very least, though, it serves as a very good template for helping people devise a similar list for themselves.

There are a few old threads about this topic, including the following: http://www.trade2win.com/boards/trading-resources/13099-60-minute-trader.html http://www.trade2win.com/boards/spread-betting/13771-chris-kobewka-60minute-trader-etc.html

I tend to agree with this thought, yet there is still value in using percentage-based stops for the rare occasions when prices are moving unfavorably more quickly than technical-based signals can react. If my memory is reasonably accurate, technicals trigger at least 90% of my exits and...

With apology, my confusion lingers. I am having trouble connecting the dots between open interest; arbs and hedges reversing/entering/exiting; and, overnight mechanical systems. Maybe one interpretation is that 50% of S&P 500 volume is due to arbs and hedge funds using overnight mechanical...