George![]() Member Posts: 24 Joined: 9/29/2013 Location: Independence, Minnesota ![]() | I think the backtesting capability is critical, but I am also concerned over trying to "guess" the market direction and the filter to apply. I recall a month ago when several posts suggested users were losing their profits based on a 3-4 day downturn, and then the markets continued their climb higher and everyone was happy with the trades again. I think it is very difficult to determine a trend direction over any reasonable time. Trying to trade in those markets against an individual stock is even harder.. Again, I look at the Arm4 results at over $800k on a 30k account since 1/1/2008, and a corresponding $300-400k on any of the bull market portfolios, I have to question the wisdom in changing a system that has performed so well over a long period of time, regardless of the drawdowns. Another question I would ask is why the existing strategies would not already have the same filter/trend defining logic within them? Why do we require another filter, that is based on our more imperfect and basis human judgement, rather than not contain that proven and backtested logic within the existing strategies. Just comments/questions based on my limited view of the application.. [Edited by George on 12/25/2013 5:50 AM] |