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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Knighty Tin who wrote (239696)5/8/2003 3:58:52 PM
From: Win-Lose-Draw  Read Replies (2) of 436258
 
so ya think you're a good trader? can you match these results?
(not directed at you KT, you're just the most
recent post)

i backtested a method that on every close of the dow would
coin-toss to decide (a) long or short, (b) how much of a dip
to long or pop to short, (c) how much profit to sell on, and
(d) how long to wait until shutting down a losing trade.

here are the results over the past 1500 trading days.
i find them immensely amusing.

1500 Bars of Price Data were used in testing DJIA.
. System Results Buy and Hold Results
Profit/Loss $ $774,824.75 $17,302.49
Profit per Bar $441.24 $11.54
Total Trades 1,257 1
Avg Profit/Loss $616.41 $17,302.49
Avg Bars Held 1.40 1,499.00

Total Winners 1,162 1
Avg Profit/Loss $905.34 $17,302.49
Avg Bars Held 1.14 1,499.00

Total Losers 95 0
Avg Profit/Loss $-2,917.65 $0.00
Avg Bars Held 4.59 0.00
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