Oh....I could not agree more. So many newbies do not treat this like a business. Being that we use the internet and have a built in inheret...
Well, Wally...i guess your are not going to share such a robust syatem with us. Michael B.:D
Blueberry, Ok, I will. I will post the results.....this may take a few day's. I need to find the historical data. Michael B.
DB, I understand your point completly. I am sorry to communicate so poorly. P/L ratio and Win Rate used together would definatly prove your...
Well...if we must continue this discussion ok. I belive that the Win Rate used together with the Average win loss calcualtions would be more...
No NO.....I was being genuine not sarcastic....remember I will not get the desired result from this thread by being offensive. Also, I battle...
Would anybody belive me if I told them that system 3 had an 80% win rate and a 4.3:1 P/L ratio? The problem is that it only traded 15 times in...
Thanks traderpete for your kind words and encouragement. Michael B.
Well...that would depend on the Win Rate...But I have tweaked the Kelly methodolgy which is flawed...but again this is another story.... Thank...
Thanks for clearing that up. No its not fine with me....the purpose of this thread. I was hoping to fine tune..... The next 3 systems...
The reason for the tweaking is that when the gap is so big (past 109%) it does not continue in its direction but might tend to go against the gap...
It does not trade everyday...I used the tweaked version stats.... Sorry it traded 27 times out of 79 possible trading days. I tweaked...
I calculated the Average Win to Loss Ratio the following way: average out all the wins.......get 1 number average out all the losses...get 1...
I have worked on 4 systems that have win rates above 70%. I have used ES data from e-sig (ES #F) from 12/3/03. I posted these to an excel...
Interesting. With multiple contracts how do you increment the hedge? 1 for 1? Michael
Thanks again, I think I get it now. When the price hits there is not that many contracts on the other side. So the fill does not match. So if...
Thanks for clearing this up. Recently, some clearing firms...(Refco the largest) has eliminated stop orders. We now must use stop limit orders....
This term slippage........To many.... means something different. In a backtest this is an allowance used for "actual" entries/exits verses...
I respect your experience and I apologize. This is a public forum....and I do not want to be ir-responsible for posting false expectations....
I am not speaking from a novice position. I feel qualified to make a statement now. First here is your quote: We can also think about it in...
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