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bwolinsky
Registered: Jul 2008
Posts: 4555 |
05-01-12 08:07 PM
Not sure where a system that makes less than a buy and hold period return of +16 points is anything but bullshit.
A trail stop will help but it will still lose money after 2 ticks of slippage.
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keeptradin'
Registered: Feb 2004
Posts: 1419 |
05-01-12 08:36 PM
Quote from bwolinsky:
Not sure where a system that makes less than a buy and hold period return of +16 points is anything but bullshit.
A trail stop will help but it will still lose money after 2 ticks of slippage.
Thanks Beau, I think you've made your point.
Quote from bwolinsky:
Monday's the last day of the month, so if you want to know you'll have to wait until a couple days after that. My performance is available in real time elsewhere anyway, so until I have it computed I'll wait the month out to publish the results.
Looking forward to those YTD numbers for your "Quant Master" system after your "Awesome April". All the stuff I can find curently shows you're doing worse than this "bullshit" system YTD, and much worse than buy and hold.
(Note to MODS: this is a HYPOTHETICAL example, and in NO WAY indicates the performance of a particular fund)
"Manager/Dow Jones U.S. Moderate Index/S&P 500
Past 30 days:-9.4%/0.0%/-0.7%
Past 90 days:1.5%/4.1%/6.5%
Since Inception:-15.8%/6.5%/ 6.1%
2012 (YTD):-12.0%/8.0%/11.2%"
I would post links, but I'm sure you would immediately petition to have them deleted...again. 
Just remember, YOU brought the hate to the thread, and continue to bring it with your profanity and insults. I am only responding in kind. It's the Golden Rule....and Karma.
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bwolinsky
Registered: Jul 2008
Posts: 4555 |
05-01-12 09:25 PM
Quote from keeptradin':
Thanks Beau, I think you've made your point.
Looking forward to those YTD numbers for your "Quant Master" system after your "Awesome April". All the stuff I can find curently shows you're doing worse than this "bullshit" system YTD, and much worse than buy and hold.
(Note to MODS: this is a HYPOTHETICAL example, and in NO WAY indicates the performance of a particular fund)
"Manager/Dow Jones U.S. Moderate Index/S&P 500
Past 30 days:-9.4%/0.0%/-0.7%
Past 90 days:1.5%/4.1%/6.5%
Since Inception:-15.8%/6.5%/ 6.1%
2012 (YTD):-12.0%/8.0%/11.2%"
I would post links, but I'm sure you would immediately petition to have them deleted...again.
Just remember, YOU brought the hate to the thread, and continue to bring it with your profanity and insults. I am only responding in kind. It's the Golden Rule....and Karma.
Incidentally, none of that info pertains to my futures models, and if you don't realize by now trading futures is not the same as ETF's you're still lost.
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keeptradin'
Registered: Feb 2004
Posts: 1419 |
05-01-12 09:36 PM
Quote from bwolinsky:
Incidentally, none of that info pertains to my futures models, and if you don't realize by now trading futures is not the same as ETF's you're still lost.
Those were "hypothetical results", and are in no way related to your models.
On another note, that TQQQ short from $114.90 must've given you quite a scare today as it approached the $119 level, huh??
Hope you hung in there though, as doing so would've put you back in the green. The algos never lie. 
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Mike805
Registered: Jul 2004
Posts: 1773 |
05-01-12 09:53 PM
Quote from bwolinsky:
Incidentally, none of that info pertains to my futures models, and if you don't realize by now trading futures is not the same as ETF's you're still lost.
LOL ... classic BoWO.
Keeptradin', please keep this dialogue with BoWo up. The entertainment value is top notch. FYI, BoWo has me on ignore otherwise I'd reply to his garbage directly.
In return for the entertainment, I'll try to add some value to VSS. Since I am fond of something called "SSEE"; Simple Stupid Entry Exit, and, have been down this road a long long time ago, I'll give you 2 ideas. Some out there may want to test them.
1. Only if yesterday's close < yesterdays open, buy during the current day.
2. Vary the time of day you're buying.
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keeptradin'
Registered: Feb 2004
Posts: 1419 |
05-01-12 10:21 PM
Quote from Mike805:
LOL ... classic BoWO.
Keeptradin', please keep this dialogue with BoWo up. The entertainment value is top notch. FYI, BoWo has me on ignore otherwise I'd reply to his garbage directly.
In return for the entertainment, I'll try to add some value to VSS. Since I am fond of something called "SSEE"; Simple Stupid Entry Exit, and, have been down this road a long long time ago, I'll give you 2 ideas. Some out there may want to test them.
1. Only if yesterday's close < yesterdays open, buy during the current day.
2. Vary the time of day you're buying.
Thanks for the feedback, Mike805. I like you already for two reasons: 1) My first son's name is Michael , as well as my middle name (along with my father and second son). You could say "I never met a Mike I didn't like." 2) Anyone that Beau has on "ignore" has obviously got some cajones, and I have a feeling that I will become one of those people soon enough.
I have not used the "ignore" function with him as has been suggested, because I find it interesting how interested he is in my "stupidly simplistic, bullshit" system. As I pointed out, he brought the hate to this thread, and his insistence on perpetuating it only adds fuel to the fire. I may be alot of things, but I am not a quitter.
I also don't back down from bullies, which is what I have surmised our "frenemy" Mr. Wolinsky to be, based on his continuous insults and profanity. If he continues to flame this thread with his attacks, rest assured I have plenty of ammo in my arsenal to return the favor. It's funny how a search of the Internet can tell you so much about someone, especially when they are required by law to provide the information.
Anyway, I appreciate the feedback about the close/open correlation, as well as time of day entries. I will use your comments in the process of refining this system into one that is more consistently profitable, in hopes of making it into a viable methodology. I will continue to place the trades with the current parameters for another week or so, and will then begin the work of piecing together the many valuable suggestions that have been given to me through this thread.
As Dean Martin used to say at the end of his show, "Keep those cards and letters comin'"!!
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