OmniVest User Forums
User-Created Portfolios
Efficient Strategies
4 replies, 1166 viewings
|
OmniVest User Forums
User-Created Portfolios
Efficient Strategies
|
Last Activity 7/22/2015 8:11 AM 4 replies, 1166 viewings |
|
|
|
| Printer friendly version |
Mark Holstius Elite    Posts: 744 Joined: 10/11/2012 Location: Sleepy Hollow, IL  User Profile |
Actually, that was good since it gave me some time to reflect on using all these great new tools Nirvana’s given us since the Bash with the specific goal of reducing risk. To do that, I approached things from the most basic level again – developing a new way to build simple, non-dynamic Portfolios. I shared with Steve, Ed, LD, and Larry over the holidays that I had some completely new ideas, and today was my first opportunity to try them in OV. I’ve said numerous times that I had a goal of 30% CAR with 5% MDD – but I’ve never been able to accomplish that, until now. I’m focusing on a new filter / statistical ranking I’ll call “Efficient Strategies”, and it looks like it has the potential to open up many new possibilities. The following snags are from a Portfolio I built today using just RTM strategies and the Dynamic ELS list over the past 2 years. I haven’t utilized any of the capabilities of Conditional Entries, Portfolio Wizard, Portfolio Balancer, or changing Allocations… yet. This is just the first step in developing a new method & set of rules, and there’ll be much more statistical testing and verification before using it (thanks for your new Statistical Analysis tools, Steve), but I’m excited that the theory may work and wanted to share 2 Equity Graphs with stats that I’ve never been able to achieve before; In the first, the Equity Ceiling (margin at 195%) is never reached – so every trade generated by the Strategies is taken; In the second, I allow the Portfolio to tag the Equity Ceiling (margin at 195%) a few times, but not to a great extent; Admittedly, the past 2 years have been a bull market and this is “looking back”, but using this new method results in a Portfolio that rarely hits the 2X margin limit – so I’m not left wondering if I just “fit the curve”, filling the Portfolio with Strategies that just happened to have profitable trades that meshed well at the equity ceiling (ISS). I’ll be working on building different portfolios for various market conditions and then using additional OV tools (PW, PB, Conditional Entries and Exits, Adjusted Allocations, etc - thanks, Ed) to hopefully find a robust, dynamic combination that will automatically adjust as the market changes. Sorry, but I don’t want to go into more detail yet (Elite Trader…???), but I wanted to share the possibility that we haven’t yet touched on all the capabilities these outstanding new tools give us. Thanks, Ed & everyone working so hard at Nirvana to make this happen... Happy New Year! Mark [Edited by Mark Holstius on 1/1/2015 5:42 PM]  Attached file : Low Risk 1s.jpg (229KB - 682 downloads) Attached file : Low Risk 2s.jpg (217KB - 668 downloads) | ||
| Bruce Britt Regular Posts: 81 Joined: 10/11/2012 Location: Louisiana User Profile |
You deserve these kind of results after all of you hard work and your many contributions to this effort. I'm still trying to beat ARM4 Margin :) - so this keeps me motivated! Happy New Year to you sir! Bruce | ||
| Eric Severance Member Posts: 23 Joined: 10/11/2012 Location: Incline Viallge, NV User Profile |
Happy New Year Thanks, Eric P.S. would you mind sharing what your account settings were for this? Thanks [Edited by Eric Severance on 1/7/2015 12:43 AM] | ||
| Duxx New User Posts: 3 Joined: 10/28/2014 User Profile |
Would it be possible to share some ideas on how to achieve what you have accomplished? Thanks | ||
| Mark Holstius Elite Posts: 744 Joined: 10/11/2012 Location: Sleepy Hollow, IL User Profile |
First, from what I've found so far in my testing these were probably better than average returns - but still a good validation of some new theories. I'm in the middle of a few hundred runs in Strategy Wizard and PW to see if I can consistently replicate the process successfully and will post some more results once I have them. Mark |
|
|
|
|
Administrator
Forum Moderator |
Registered User
Unregistered User |
 E-Mail this thread to a friend |
Toggle e-mail notification |
