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Dik_Burns
Registered: Oct 2002
Posts: 54 |
10-18-02 02:26 PM
I am no "detractor", I am stating obvious fact. I also thanked Quah for his efforts here. And I agree that he can walk away anytime.
BUT the fact remains this project is incomplete. That's all I am saying, no big deal, nothing to get huffy about, just an observation.
Peace.
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dbphoenix
Registered: Sep 2002
Posts: 6730 |
10-18-02 04:32 PM
Originally posted by patefern
If you, or anyone who works with this method cares to post I would like to read it, as this thread has been fascinating.
I wouldn't say that I "work" with it, but I do track it along with my usual method. So far, it doesn't do substantially better than what I'm doing now unless I trade multiple contracts, which I'm not prepared to do after having tracked it for only a couple of weeks.
There are, however, as I've suggested, a number of variations that could be played, such as using a different stop, or a different time series, or a different target, etc. For one person to track all these variations would take a great deal of time. But given the number of people who have shown interest in this thread, it should not be necessary for one person to carry such a load.
--Db
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traderkay
Registered: Jun 2001
Posts: 1072 |
10-28-02 04:06 AM
Quah as may be your final contribution.. could you post the final results for the SVS and an equity curve for us dreamers in the audience
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Sophomore Jinx
Registered: Apr 2002
Posts: 81 |
10-28-02 08:17 PM
Traderkay -
I've been tracking SVS since Quah's month-long experiment ended on 10/11.
Since then, SVS is only up around $400.00 total (and today hasn't been good, either, so it could be around breakeven by the end of the trading day). SVS had a nice, profitable week from 10/14-10/18 in both ES and NQ, then last week gave back almost everything. Bad week in ES, particularly.
I'm going to continue to track it daily for a few more weeks - but I really think it needs to be backtested to get at least an approximation of how well it holds up over time. One bad week, or a breakeven month, really means little in the big picture.
Just as a quick observation, I took a peek (a very quick one) at daily charts from the 9/11-10/11 period Quah traded it live, and it seemed SVS did much better during trending phases - otherwise, it got chopped up. There would hopefully be ways to address this and fix it...maybe fading the system during choppy periods (maybe an ADX filter or something...)?
Like you, I'm still interested in this method - at the very least, the core ideas of trading by appointment and using simple indicators and profit/loss targets. At the same time, I'm not convinced any of those ideas really work!
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harrytrader
Registered: Aug 2002
Posts: 5659 |
03-12-03 10:18 PM
because people are rationally supposed to trade PRICE not TIME huh 
The fact to take fibo numbers perhaps insure somehow independance of sampling whereas fixed time interval would be less good if market follows golden ratio law and that is the case (see for example the link of Orlin Grab article about the haussdorf dimension of 1/PHI - also my model shows it numerically whereas theorically I didn't inject any golden ratio as input, but as output it appears. I have still to investigate why but I have some ideas). But it doesn't alone permit the system to be winner so the edge must also come from the other setup criteria. I didn't read the whole threads in detail so it is just my two cents.
Quote from Quah:
Sure it does - it might be a positive edge or a negative edge, but it is certainly different from choosing a totally random entry point. Entering on a fixed time is no different from entering on any other indicator - be it mathematical or subjective. Some people enter a trade when the fast and slow stochastics lines cross below 20 - how is that any different (edge wise) than entering a trade when the clock says 9:33?
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