Well I'm down by almost 30% on closed equity since the system started on 9 October 2007.
As to the gains expected, when I was designing the system I never tested over periods less than 2 years.
The purpose of the system was to make money and considerably outperform the indices over the longer term. I didn't expect it to show results in the short term.
Thanks for dropping by. Great to hear you are doing well.
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:
nizar, what has been your percentage gain and over what period?
I am still investing by fundamentals... but would like to develop a mechanical trading system.
I'm trying to assess if you are making the gains you expected? By investing in a few stocks I know well I am doing pretty well.
Hi,
Well I'm down by almost 30% on closed equity since the system started on 9 October 2007.
As to the gains expected, when I was designing the system I never tested over periods less than 2 years.
The purpose of the system was to make money and considerably outperform the indices over the longer term. I didn't expect it to show results in the short term.
Thanks for dropping by. Great to hear you are doing well.
Nizar.
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