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.
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'"!!
Funny that out of everything that was written here, you choose to respond to that post. Do you even bother to read the thread before you fire up the flame thrower?? Certainly they mentioned the term "due diligence" during your years at Centre College. I can keep it up as long as you can, Beau. From the looks of your pictures, probably longer.
I can probably improve your results 3-4 fold by adding trail stops, targets, and stops by genetically optimizing them. Would you like to see? Did you add if o[1]>c[1]? Baby steps here. The technological advantage you'd have with just some easylanguage would have no compare to the random guessing you might be doing by hand.
Obviously there is something to my "stupidly simplistic" system, or you would not persist with following it. As I said WAYYY back in the begining of this thread, I AM NOT A PROGRAMMER. So fire away, and optimize to your heart's content. And as I also stated before, I am open to suggestions. Just not insults.
Your parameters are too literal to work going forward. Any brief read about what you're doing would immediately be dismissed as curve fitting, and even the 10 and 10 you started with could also be considered curve fitting. When I come up with the right parameters, I'll report in to you how much better my version of your model is doing than yours.