SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (11196)5/8/2003 4:03:05 PM
From: Win-Lose-Draw  Read Replies (2) | Respond to of 11447
 
so ya think you're a good trader? can you match these results?
(not directed at you softie, 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