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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Loren who wrote (7570)	1/5/1998 1:23:00 PM
From: CynicalTruth	Read Replies (2) \| Respond to of 12039

*Off topic* Loren... Below is a cut-n-paste of a system test which is definately screwed up. Remember that WAXS is currently a $25 stock. Don't pay any attention to the %, what matters is the total net profit etc. on 1000 shares. Wish all my losses where as small as "-2.00$". That's only a loss of .002› per share. MAX bars back setting doesn't change it. J”hn stRSI-D-BO-Combo WORLD ACCESS INC-Daily 08/01/95 - 01/02/98 Performance Summary: All Trades Total net profit $ -2.00 Open position P/L $ 0.00 Gross profit $ 2.38 Gross loss $ -4.38 Total # of trades 5 Percent profitable 40% Number winning trades 2 Number losing trades 3 Largest winning trade $ 2.38 Largest losing trade $ -3.13 Average winning trade $ 1.19 Average losing trade $ -1.46 Ratio avg win/avg loss 0.81 Avg trade(win & loss) $ -0.40 Max consec. winners 2 Max consec. losers 3 Avg # bars in winners 15 Avg # bars in losers 43 Max intraday drawdown $ -5.50 Profit factor 0.54 Max # contracts held 1000 Account size required $ 5.50 Return on account -36%