Kevin_in_GA
4,599 posts
msg #108540
- Ignore Kevin_in_GA |
10/25/2012 6:10:11 PM
@jackmack: That's because the backtests on Prodigio are not really all that good - and I don't think you can actually test back more than 1 year on their data. Also they do not seem to reinvest 100% of the account in each trade as SS does.
Between the two I trust SS for backtesting and Prodigio for forward testing.
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jackmack
334 posts
msg #108545
- Ignore jackmack |
10/25/2012 9:03:43 PM
Kevin
Agreed on Prodigio but I have not been able to test in SS yet.
Is there anyway I could get the settings code for SS?
I sent an email previously as you instructed but I have not seen it yet.
Thank you for all your help.
jackmack
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Kevin_in_GA
4,599 posts
msg #108548
- Ignore Kevin_in_GA |
10/25/2012 10:16:15 PM
Entry
crossbelow(stochd(5, 1, 5,simple),stochd(5, 1, 10,simple))
Exit
crossabove(stochd(5, 1, 5,simple),stochd(5, 1, 10,simple)) or
traildown(3,unleveraged)
Use variable trade setting and 1 open position. Have 99% of equity used as trade size.
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VenturaTrader
44 posts
msg #108551
- Ignore VenturaTrader |
10/26/2012 12:04:10 AM
Kevin wrote: Also they do not seem to reinvest 100% of the account in each trade as SS does.
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Because of the three day settlement rule one can only trade 49% off available funds in a brokerage account; can't switch 100% of brokerage account from SSO to SDS the same day because the trade settles three days later. If only 49% of funds is traded each time one still has the effect of compounding which is very good, but all the funds are not put to work. Does anyone know a way to trade 100% of an account the same day without using margin?
The Rydex leveraged funds allow same day switching but they won't work because they do not allow stops. Anyone got a solution?
Kevin, I wondered if your backtest in SS with the hypothetical $100,000 account took this into consideration; I think somewhere along the line you mentioned trading 49% of available funds which my broker, Interactive Brokers will automatically do if set up properly. Thanks!
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jackmack
334 posts
msg #108557
- Ignore jackmack |
10/26/2012 8:40:18 AM
Thank you Kevin.
You are a man among men.
Cheers
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jackmack
334 posts
msg #108660
- Ignore jackmack |
11/2/2012 1:48:31 PM
Got the signal (intraday) to get out of SSO
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Kevin_in_GA
4,599 posts
msg #108661
- Ignore Kevin_in_GA
modified |
11/2/2012 1:49:40 PM
Looks like it is time to get out of the SSO trade and go long on SDS. The SSO entry signal was at the close on 10/24. Buying in at the open (as the system was designed to do) got you in at 59.46. Assuming today will close near the current price of 59.95 you'll see a modest profit of 0.82% before commissions.
Personally hoping the market turns up a bit between now and the end of the day.
EDIT: I really need to keep these hopes to myself ...
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tarun766
50 posts
msg #108667
- Ignore tarun766 |
11/2/2012 5:51:56 PM
I was in on SSO but i sold 50% yesterday! and rest today around 1, got in on SDS and made hundred bucks.
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tennisplayer2
210 posts
msg #108673
- Ignore tennisplayer2 |
11/2/2012 7:28:05 PM
If we are to follow the filter, we do not sell SSO until the open on Monday and then buy SDS. Thanks Kevin.
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tarun766
50 posts
msg #108692
- Ignore tarun766 |
11/6/2012 11:07:35 AM
This is not in our favour for the last couple if days :(
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