Trading system had a bug and still made money following it.

Discussion in 'Strategy Building' started by lmseldin, Nov 8, 2022.

  1. Q.E.D.

    Q.E.D.

    Poss duplicate: After decades of trading, including many years using computerized systems, I think it is the discipline, and exits, especially stop-loss rules, that are far more impt than entry rules.
     
    #11     Nov 9, 2022
  2. What kind of exit rules are you using ?
    Chandlier
    TrailingStop
    PctTrailingStop
    Fixed Stop Loss
    Signal-based Stop
     
    #12     Nov 9, 2022
  3. lmseldin

    lmseldin

    For the past 19 years I had been trading longer terms with safety in mind on a single strategy for most of my portfolio.

    I was shocked when I got back into analyzing my system and reading that 92% of large funds can not beat the S&P buy and hold over the long term. So now, I am proud of my 19 year track record, where before thought more about safety with my system focusing on lower rate of return with very low draw down.

    Now my goal has been to focus on trend trading.

    I find it much easier to trade longer term. Much more success.

    I don't want to get stopped out early. I end up testing over 20 years of data when possible. However, I have not been able to produce high enough returns when I programmed a stop loss, so I use a signal based stop.

    I would rather trade a stop loss. Now, I have been thinking of trading a larger portfolio to possibly limit risk that way.

    Larry
     
    #13     Nov 9, 2022
  4. %%
    NOTHING like a good trend.
    I accidently hit buy when i meant sell, this week;
    not really a fixed system\ trend can be a friend.
    Counter trend \almost as good as a trend:D:D
     
    #14     Nov 9, 2022
  5. Bingo. Gotta know when to trade one vs. the other.
     
    #15     Nov 9, 2022
    murray t turtle likes this.