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OmniVest Success
Pretty Good Month of June So Far 		Last Activity 7/22/2015 1:06 PM
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Steve2

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Joined: 10/11/2012
Location: Annapolis, MD

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Subject : Pretty Good Month of June So Far
Posted : 6/27/2013 1:13 PM
Post #26159
52 winning trades vs 5 losing trades

Gotta love those RTM strategies when volatility picks up...

Steve
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Diamondjag

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Subject : RE: Pretty Good Month of June So Far
Posted : 6/27/2013 1:49 PM
Post #26160 - In reply to #26159
Just started live. Three trades last night...all winners although not for a whole lot of money. Thank goodness the market turned around.
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Ed Downs

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Subject : RE: Pretty Good Month of June So Far
Posted : 6/28/2013 1:16 PM
Post #26173 - In reply to #26159
Great! Can you provide more details on your results?
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Ed Downs

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Subject : RE: Pretty Good Month of June So Far
Posted : 6/28/2013 1:18 PM
Post #26174 - In reply to #26160
DiamondJag -- Yes that's a good thing but these Strategies can perform quite well in a down market. Look at your OmniVest equity curves for the 2008 period. The Strategies can be profitable provided there are 2-3 day reversals, which typically happen. The only recent time when that did NOT happen was the Credit Downgrade the summer of 2011. In that case, the market started down and kept dropping day after day - an unusual situation but one in which this type of strategy will generate a draw down.
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Steve2

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Subject : RE: Pretty Good Month of June So Far
Posted : 6/29/2013 6:23 PM
Post #26199 - In reply to #26173
My apologies but I miscounted the June trades (a hazard of manually trying to count in a scrolling window). The correct counts for the entire month of June were: 51 winners and 9 losers. Still pretty good.

Ed,

These counts are for the OV trade history in my live account which is using 5 RTM strategies which I prefer not to share at this point (although you guys can presumably see them). This does not reflect the actual trades that were performed. As discussed in the latest post in the General Discussion Topics > IB Slippage Data By Order Size and Trade Type thread, I'm submitting opening orders as day limit orders at the previous trading day's close. Because of this, some of the OV opening orders do not fill. My actual trade counts for June were 43 winners and 7 losers. The actual trades are attached to the post in that thread. The P/L for June was 9.69%. Also, there is a question for you in that post concerning the use of opening limit orders.

Steve

[Edited by Steve2 on 6/29/2013 6:29 PM]

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Ed Downs

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Subject : RE: Pretty Good Month of June So Far
Posted : 7/20/2013 1:24 PM
Post #26456 - In reply to #26199
Steve,

Your experience suggests we should add a Limit feature so that people can specify Limit Orders you are doing. I'd like to get this into OmniVest and historically back test it. What you are doing makes a lot of sense and I will work to get this into the platform.

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