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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: Richard Estes who wrote (3197)11/6/1998 12:41:00 PM
From: peter n matzke  Read Replies (3) of 3325
 
to anyone with interest in system testing:

How do you evaluate the best trading system?
which criteria do you find to be the most important?

the following are the data on three different systems.
which one is best? and why?

#1
total net profit
6016415
ave net profit
95498
max profit,individual stock
1854752
annualized rate of return
256%

179 trades
44 loses
135 wins
75% winning trades

most consecutive wins
6
most consecutive losses
4
total draw down
441655
ave draw down
7010
max draw down, individual stock
66276

#2
total net profit
6851336
ave net profit
108751
max profit,individual stock
2321693
annualized rate of return
274%

552 trades
197 loses
355 wins
64% winning trades

most consecutive wins
11
most consecutive losses
5
total draw down
738192
ave draw down
11717
max draw down, individual stock
115975

#3
total net profit
6347519
ave net profit
100749
max profit,individual stock
2156304
annualized rate of return
273%

218 trades
55 loses
163 wins
74% winning trades

most consecutive wins
6
most consecutive losses
3
total draw down
638346
ave draw down
10132
max draw down, individual stock
93421
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