The system has no sector bias. I don't know which stocks you are alluding to, but the fact that they are not getting picked up must mean they are not meeting all the criteria in the entry trigger.
There is a ROC filter and also a liquidity filter in there.
Just a note that in every backtest, yearly closed profit for the first year was almost always in the red. Though obviously I'd be lying if I said I was ecstatic with the realtime performance so far, I'm in no hurry.
I started out in trading early 2005 through managed funds.
November 2005 started in stocks through fundamental analysis.
After the 2006 May correction I learnt to use stops!
A few months afterwards I read Michael Covel's book and it was a real eye opener for me into what can be achieved through mechanical systems trading.
In 2009 I started looking seriously at short term automated trading through AmiBroker/IB as this would allow for all the benefits of short term trading (smoother equity curve, faster recovery from drawdowns, etc) without the associated screen time.
2 comments:
Looks like you are suffering a bit there bud. :(
I hope you get some winners coming through soon.
Just wondering if your system has a sector bias, and why some of the ag stocks haven't been picked up. Some beautiful trends happening there.
Hi glen,
Thanks for your comments.
The system has no sector bias. I don't know which stocks you are alluding to, but the fact that they are not getting picked up must mean they are not meeting all the criteria in the entry trigger.
There is a ROC filter and also a liquidity filter in there.
Just a note that in every backtest, yearly closed profit for the first year was almost always in the red. Though obviously I'd be lying if I said I was ecstatic with the realtime performance so far, I'm in no hurry.
Nizar.
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