Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Re: About to RE! :-)
Old 07-26-2005, 09:21 PM   #21
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 4,005
Re: About to RE! :-)

Quote:
Originally Posted by poyet
That's the kind of return I get on my trading account which NAV is a very tiny percentage of my total net worth. The method & system are described @ http://tradingautomation.blogspot.com/
Last pick by the expert-system this morning (good or bad ?) "Proton Energy System", DESC purchased Mkt Open @ 6.01.
Cheers, Patrice.
Wow. Good pick. DESC is up 11% today.

Don't know how you did it.

One question (or maybe criticism) of the returns data you posted on your blog.

You posted on your blog that the system you have developed "returned" 38% annually on QQQQ over the 95-04 period, yet only 25% annually from 90-04. This means that the returns from 90-94 were an average of 2.56% annually. Other examples you cited showed similar poor performance in the 90-94 period.

Was there a reason for this?

I'm assuming you developed the models based on backtesting old market data to generate these high returns? Was any serious money invested using these systems over the last 10-15 years?
__________________

__________________
justin is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: About to RE! :-)
Old 07-27-2005, 01:40 AM   #22
Recycles dryer sheets
 
Join Date: May 2005
Posts: 228
Re: About to RE! :-)

Justin, thanks for reading the blog. You have three questions.

1) How did I do it. The answer is having the expert-system scanning the entire market, and applying technical analysis "open rules" that state that statistically a security showing "DESC" pattern(s) has good chances to follow its bull run (there were other open trades, but my risk parameters on my account did only enable for one pick on that day). It could have been down -11% for the day (it went -5% in the hour following the open), I would not have move one eyebrow as the stop is a bit further away (given the volat of that stock). I prefer it +11% - sure - but let's give it some time, when it'll be up 107% as dobson communications I got in on 06/14 @ 3.30, I'll say good pick :-)

2) As you say in the US, no parking - no business. On the blog I said no trend no return. The period 90-94 shows some trend but not enough for a trend following system like mine to make big money. Well, do not lose either which is not bad as it is whipsawed quite some time. The system needs trend, up or down, but some good trend to leverage and get those high returns.

3) The system took three great years to develop, of design, programming and testing. I've been trading my monies (and some others) since the start of the bull run in May 2003. Removed some kind of bugs or better say design oddities and paid for it with real buck, but overall the account has progressed well and the system is stable and running since Oct 04 (same version of the code). Of course backtesting has been done on all available data (back to 29 trading indexes on the Dow). Let's wait and see if I'm very rich in 10-15 years :-) . I'm already ERed which I enjoy and spend my time developing my trading systems instead of kissing the boss and corporate white ass...

I'm thinking of creating a blog with and ERed portfolio (say 100k) to have it sun daily by the system and drag some of you along with me in my trading automation adventure. Any thoughs on that ?

Cheers,
Patrice.
__________________

__________________
gnoti seauton
poyet is offline   Reply With Quote
Re: About to RE! :-)
Old 07-27-2005, 10:41 PM   #23
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 4,005
Re: About to RE! :-)

Patrice,

Thanks for the response. It'll be interesting to see your performance figures from this software. Keep us updated! Best of luck to you.
__________________
justin is offline   Reply With Quote
Re: About to RE! :-)
Old 07-28-2005, 01:12 PM   #24
Dryer sheet wannabe
 
Join Date: Mar 2005
Posts: 17
Re: About to RE! :-)

It looks like a very user friendly system* ...I ll get back to you in a couple of years when I figure it out*

Seriously, I would find it very interesting to follow your ER portfolio...I financed my ER at 47 by investing in the stock market myself but with that good old intuition and basic knowledge acquired during my life.
__________________

__________________
oisif is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 11:21 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.