Long + Short Long Only Short Only Buy & Hold Starting Capital $30,000.00 $30,000.00 $30,000.00 $30,000.00 Ending Capital $214,376.06 $214,376.06 $30,000.00 $132,096.57 Net Profit $184,376.06 $184,376.06 $0.00 $102,096.57 Net Profit % 614.59% 614.59% 0.00% 340.32% Annualized Gain % 305.19% 305.19% 0.00% 187.11% Exposure 50.43% 50.43% 0.00% 100.00% Number of Trades 57 57 0 1 Avg Profit/Loss $3,234.67 $3,234.67 $0.00 $102,096.57 Avg Profit Loss % 100.64% 100.64% 0.00% 340.32% Avg Bars Held 58.93 58.93 0.00 355.00 Winning Trades 55 55 0 1 Winning % 96.49% 96.49% N/A 100.00% Gross Profit $185,590.52 $185,590.52 $0.00 $102,096.57 Avg Profit $3,374.37 $3,374.37 $0.00 $102,096.57 Avg Profit % 104.51% 104.51% 0.00% 340.32% Avg Bars Held 60.44 60.44 0.00 355.00 Max Consecutive 55 55 0 N/A Losing Trades 2 2 0 0 Losing % 3.51% 3.51% N/A 0.00% Gross Loss $-1,214.46 $-1,214.46 $0.00 $0.00 Avg Loss $-607.23 $-607.23 $0.00 $0.00 Avg Loss % -6.03% -6.03% 0.00% 0.00% Avg Bars Held 17.50 17.50 0.00 0.00 Max Consecutive 2 2 0 N/A Max Drawdown $-22,177.09 $-22,177.09 $0.00 $-49,354.74 Max Drawdown % -51.65% -51.65% 0.00% -65.08% Max Drawdown Date 24/07/2003 24/07/2003 N/A 07/10/2003 Wealth-Lab Score 292.65 292.65 0.00 65.34 Profit Factor 152.82 152.82 0.00 INF Recovery Factor 8.31 8.31 N/A 2.07 Payoff Ratio 17.34 17.34 0.00 INF Sharpe Ratio 1.31 0.00 0.99 1.31 Ulcer Index 15.13 15.13 0.00 29.81 Wealth-Lab Error Term 31.27 31.27 0.00 32.53 Wealth-Lab Reward Ratio 9.76 9.76 N/A 5.75 Luck Coefficient 1.06 1.06 0.00 1.00 Pessimistic Rate of Return 241.73 241.73 0.00 0.00 Equity Drop Ratio 0.00 0.00 0.00 0.00
ok, that didn't turn out the way i intended...it was supposed to be in a table format... anyways, let me explain. I created an algorithm that gives a 300% anualized return... the only catch is the gains are spotty (ie. occur about 4 months of the year, if at all), so it's much like hunting for profits. This, to me, is a holy grail.
...Grob109 can be maddeningly oblique, verging on obtuse, and cryptic, verging on enigmatic. However, I recommend that you scan his posts going back a few weeks and reassess your opinion. I think he has a lot to offer, it's just hard as hell to grasp what he says because he doesn't make it easy. Several comments he has made have cut me to the quick and caused me to rethink what I do. I have no relationship with him. My philosophy is that someone who takes the time to make the long and frequent posts he does, without hyping a service, is either a nut case or sincerely wants to share something he thinks is of value. For the moment I believe the latter. I am not being nice, because I have identified others here I find worthy of my scorn, and I cheerfully heap it upon them. Please excuse my post if you have a pre-existing hostile relationship with him. Best regards. - Mike
...thanks for your reply. I'm not trying to be argumentative, just interested in your opinion, since it so clashes with my own. If by a mechanical system you mean one which gives precisely timed signals, like signalling an entry at the close of the current bar to be taken an the open of the next, I would assert that mechanical systems demonstrably do work. The Holy Grail? Ha! Maybe a tin cup!
...you obviously ain't got a date on Friday night either. In brief, what's the story on Jack/Bubba/Grob? I don't have all the history and frankly don't want to spend the time to go get it. Is there nothing of value there in your opinion? Grob is by far not my least favorite poster here (which subject would make a great poll). He shall remain nameless, lest he do a search and find his name and come round to this thus-far eminently rational thread. BTW, not an attack, I respect the generous work you have done here and on SI. Best regards. - Mike