tarun766
50 posts
msg #108724
- Ignore tarun766 |
11/7/2012 8:04:56 PM
Made some money today on SDS, im out or not take profit!
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bjfeen
24 posts
msg #108757
- Ignore bjfeen |
11/9/2012 9:50:14 AM
Crossed yesterday. Sell SDS and buy SSO.
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tennisplayer2
210 posts
msg #108923
- Ignore tennisplayer2 |
11/20/2012 9:15:37 AM
Crossed yesterday. Buy SDS, sell SSO.
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tennisplayer2
210 posts
msg #109116
- Ignore tennisplayer2 |
12/4/2012 3:30:57 PM
Crossed yesterday sell SDS and buy SSO. I took a loss on SDS, but that is trading. I want to keep this post alive, because I think this is a great filter (in the long run) that Kevin has created. Kevin, once again, thanks.
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jackmack
334 posts
msg #109119
- Ignore jackmack
modified |
12/5/2012 7:57:12 AM
tennisplayer2- I could not agree more - this is an amazing filter.
Cheers
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jackmack
334 posts
msg #109120
- Ignore jackmack |
12/5/2012 8:01:49 AM
tconte - if your still out there would you mind updating your 50 SMA spreadsheet version?
Thank you
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durgin
60 posts
msg #109129
- Ignore durgin
modified |
12/5/2012 1:03:54 PM
I agree that this is an "amazing filter" but it has it exactly backwards! For example, the posts say BUY SDS on 11/20 and SELL SDS on 12/4. Check the chart and see that was the wrong call. OK -- this is heresy because the backtest says the filter is correct. But I question if the backtest is correct. One thing I wonder about is if the backtest can deal with stock splits and reverse splits -- more common with leveraged ETFs.
I'm thinking of using this filter but just the opposite of what it says.
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jackmack
334 posts
msg #109130
- Ignore jackmack |
12/5/2012 2:24:14 PM
The filter is right - there is NO Holy Grail and this filter misses as acknowledged.
One thing I would like to see (if possible) would be the type of "look forward" back testing Kevin
had mentioned in his Connors RSI filter to see if that type of back testing would make any difference.
Kevin - would it?
Just curious
Thank you
Cheers
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VenturaTrader
44 posts
msg #109137
- Ignore VenturaTrader |
12/5/2012 9:58:55 PM
Yes, no holy grail and indeed the filter misses; that's the reason a 3% trailing stop is built in. This also reduces the stress of major drawdowns.
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Kevin_in_GA
4,599 posts
msg #109138
- Ignore Kevin_in_GA |
12/6/2012 12:09:59 AM
Kevin_in_GA
2,549 posts
msg #108696 11/6/2012 12:49:55 PM
Please look at the stats I posted for this filter (on the first page of this thread). The win % is only 53% and the average return a little over 1% per trade. I personally am not trading this one, as I have posted previously. This was an interesting system and one that others can use or modfy as needed.
I'm trading from my Divergence filters instead since I am happier winning more often with lower drawdowns even at the expense of possibly higher gains at the end.
How often does the filter make the right call? 53% of the time. To say that it trades backwards is fine - good luck in that endeavor (not being sarcastic).
Higher win rates provides a level of comfort. If that is what you want then I would suggest looking at the divergence filters I posted a while back. That is what I am using.
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