OmniVest Forum OmniVest Forum
forums calendars search
today this week
 
register logon control panel Forum Rules
You are currently browsing as a guest.
You should logon to access more features
A Self-Moderated Community - ALL MEMBERS, PLEASE READ!
Vote for Members who contribute the most to your trading, and help us moderate content within the Forums.


[Random Quote] -


Only Forum Moderators, Administrators, and the owner of this message may delete it.

 
George

Member

Posts: 24

Joined: 9/29/2013
Location: Independence, Minnesota

User Profile
 
Subject : RE: December Success
Posted : 12/24/2013 5:36 PM
Post #28787 - In reply to #28786

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]

Deleting message 28787 : RE: December Success


Nirvana Systems
For any problems or issues please contact our Webmaster at webmaster@nirvsys.com.