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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Triffin who wrote (7510)	5/22/2000 7:46:00 PM
From: jesso	Read Replies (2) \| Respond to of 39683

Never thought of using the system with QQQ, but I just did a backtest on it using ProUtils and while I don't think it's 100% accurate QQQ did outrank most of the others I've tested relatively speaking. Good idea Triffin, I'll be keeping my eye on it! Not needing an uptick to short is also a definite plus ...

To: Triffin who wrote (7510)	5/22/2000 7:51:00 PM
From: Hands Off	Respond to of 39683

Jim, I was interested in your thoughts about how the crossover system would work with QQQ. I had been thinking along the same lines. I back tested the QQQ from 2/10/00 and the results were not great. They were profitable but the $amount ratio of winning trades- not number of trades - to losing was 1.37. It was 1.05 for the long trades and 1.89 for the shorts - 1.37 net according to ProUtil. This means, net, the average winning trade was for $609 and the average loser was $443. As discussed with TC and jesso, the idea is to let the winners run and get out of the losers quickly. I don't have a firm fix on what one could expect from the ratio but something closer to 2-3 seems better. I am trying to rerun my back tests with more data to get a better feel for the numbers, but Qcharts is down. PS - Just saw Jesso's post. Obviously, something needs clarification. Don't know what to say now. Marshall