Example Trading System

Discussion in 'Strategy Building' started by sidinuk, Jan 17, 2005.

  1. sidinuk

    sidinuk

    Fri Sep 16,

    A mixed bag today with ER2 and NQ triggering winning long positions but YM, EMD and ES going short for losers. Overall, down $460 for the day.
     
    #311     Sep 16, 2005
  2. Anyone else ?

    Did you have 10450 or 10451.

    I use Esignal. I think sidinuk uses TradeStation.
     
    #312     Sep 16, 2005
  3. sidinuk

    sidinuk

    Actually, I use the live data feed from Interactive Brokers. It is enormously possible, though, that if a tick was quick then it was missed by their 'snapshot' view but I've never noticed that in the past.
     
    #313     Sep 17, 2005
  4. macaw

    macaw


    I use IB and I had a high of 10450 in the opening minute but only 10450 at 2:25.
    I think this can happen pretty regularly. I've been filled at prices that never seem to come through the feed a few times.
     
    #314     Sep 17, 2005
  5. sidinuk

    sidinuk

    After a couple of winning weeks the system had a losing week last week, although it was a little mixed.

    NQ (up $110) and ER2 (up $50) were profitable but YM (down $300), ES (down $550) and EMD (down $660) turned in losers for the week.
     
    #315     Sep 19, 2005
  6. sidinuk

    sidinuk

    Sep 19, 2005. All contracts were triggered short today but a late rally pushed us slightly in to negative territory at the close. across the 5 contracts we finished down $157.50. Although, NQ made up $130 of that loss!
     
    #316     Sep 19, 2005
  7. jason_l

    jason_l

    Sid-
    Do you feel comfortable trading a system with a "don't trade on thursday" rule?
    I'd revisit it some, unless you can think of a way to substantiate it, as it seems only an excercise in curve fitting could have even come up with it. I'm not dismissing it, but it begs for some further research be done. For instance, maybe there's a report that's been released on a few thursdays in the past which is the REAL culprit? or maybe you randomly filtered out a black swan or 2?

    Unless I could come up with a credible theory to support such an odd rule, I wouldn't feel comfortable with trading it.
     
    #317     Sep 20, 2005
  8. sidinuk

    sidinuk

    Jason I,

    In my original article I do say that the Thursday rule is based on quite a small sample size (just 6 months) and may not be that reliable.

    I have now revisited the days of the week for all 5 contracts to see if Thursday's stand out over a much larger sample size - January 2003 - September 16, 2005 (32.5 months). It's quite a lot of data so I've put the results on the website:

    Trading System - Days of the week filter revisited!.
     
    #318     Sep 20, 2005
  9. Trent

    Trent

    I use esignal for charting and IB for trading. IB misses a lot of ticks each day. It is evident when you run the two side by side.

    Trent
     
    #319     Sep 20, 2005
  10. sidinuk

    sidinuk

    Sep 20, 2005. We were already short before the FED announcement which served to accelerate the markets downwards. We closed the day with healthy gains on all contracts and a total profit of $2,802.50. Full Daily Results
     
    #320     Sep 20, 2005