Considering the maxDD stats were acceptable, even during the 2008 Black Swan, the system will be leveraged up. Here are the charts of CAR and maximum drawdown over a 10-year test (01-01-1999 until 31-12-2008), using 30% margin as per I.B.
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.
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