End Of A Retail's Day Trading Experiment?

Data is from googleSheet back from ~2000.

 

I did a backtest once, when EOD is lower than BOD, I sell at close of the day and buy at open, vice versa... Not profitable.

Also tried sell at next day open and buy at next day close, vice versa... Not profitable either. I also tried many days combinations....

I think all these simple concepts have been tried and unless one knows the devil (is in the details), they are good only for backtesting.

 

All these are beyond my pay grade.

 

It looks v complicated to look at the full table of stats, but I'm sure u can disect it one line at a time and see what it is saying

 

Best to keep whatever you learn about the market to yourselves. Nothing is gained by putting it out there.

 

I feel it's essential to love learning and improving in this game. I've done a ton of research that didn't lead anywhere, but it still gave answers.

All in all, I always found the research part and testing more interesting than the actual trading (execution).

Currently, I'm busy with another research project focusing on the yearly cycle of the stock market. Super interesting as there's still answers which needs to be answered and I'm genuinely curious what I discover. I will know after I have gathered the hard data and systematized it.

It takes a long time to learn and become familiar with the market. And when you've learned your market history there's still a long road until it becomes so familiar that you can act upon it and understand it in real time without referencing your research. Especially when day trading.

 

The more time spent researching, the better the downside
80% of the effort into study and backtesting.
Execution could even be delegated.

Best wishes for your analysis.

 

Well said.

The fun part is the journey and the final destination is usually anticlimactic.

 

I am referring to the codes. I can only do VBA in excel.

 

Following up on SteveH

It's a simple breakout system with two entry signals.
I don't have a bunch of data to back it up but it proves the point.

First entries (long/short) only


Second entries (long/short) only


First entries + Second entries (pyramiding)


I think it's the way to pyramid ...
Two different signals (one fast, one slow?)
Both of them are profitable in isolation, standalone.

The risk is kept equal.
System 1 and System 2 have the same Risk.
When combining both, System 1 break even and System 2 lose.

The 3 system have the same risk,
While System 3 handle twice the position size.

System 3 wins more than system 2 + system1 combined.
The sum is worth more than its parts