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OptionTrader
Spectacular results!!!
5 replies, 907 viewings
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OmniTrader Upgrade Forums
OptionTrader
Spectacular results!!!
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Last Activity 12/1/2022 8:14 AM 5 replies, 907 viewings |
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Digitaldood Member Posts: 10 Joined: 3/3/2009 Location: Allen, TX  User Profile |
I have been working on a Credit Spread system for a while now, and I've attached the Performance Report and the Equity Curve using the 4 year back test and 1 year forward test. The equity curve is starting with $29,000. Without getting into the actual system, do these results look realistic? I've looked at the actual trades - I guess I can include those as well - but, I mean, I wasn't believing it at first when I ran the test, and then ran the Port Sim. I know some will say that you can't really say unless you know what the system involves, and we can get into that later. I just wanted to get this started off, and would love to work with a few who might be interested in quantifying this strategy. Thank you  Attached file : PerfReprt_jpKeltCSpATM.pdf (34KB - 220 downloads) Attached file : EquityCurve_jpKeltCSpATM.jpg (312KB - 203 downloads) Attached file : 007jpKelt50CSpHiProb.xlsx (433KB - 185 downloads) | ||
| jpb Veteran   Posts: 168 Joined: 5/11/2005 Location: Brown Deer, WI User Profile |
I looked at the transactions and didn't notice losses in the Back Test period which would be odd and not a match to the sim chart. So, do they look realistic? I'm going to say that if I were trading it live, I'd expect to see different results. I don't trade this particular system, but it looks intriguing. Have you run with different time periods? For instance, with 1 year BT beginning in 2018 or 1 month BT in 2021 and FT to current -- a variety of different time frames so the noise doesn't get lost in the sim chart scale? | ||
| Digitaldood Member Posts: 10 Joined: 3/3/2009 Location: Allen, TX User Profile |
I did have plans on testing different time periods in the BT and FT. I'll update on that soon. Thank you, | ||
| Buffalo Bill Legend  Posts: 539 Joined: 10/3/2006 Location: Stafford, VA User Profile |
I learned this the hard way... I would use very little $ and low # of trades at first just to see, and slowly increase $ and positions if the results you see are acceptable YMMV | ||
| mgerber Member Posts: 40 Joined: 12/18/2003 Location: Issaquah, WA User Profile |
I have been angling to get my feet wet with Opt Trader6 and Auto Trade in EOD, so thanks for the heads up :) Q1 Do you trade just EOD, or RT, too? Q2 Do you Auto Trade? Any tips/warnings/troubles in that regard? Q3 Would you recommend simple calls/puts to begin, for experience in usage? --Mark G. [Edited by mgerber on 1/8/2022 12:23 AM] | ||
| Digitaldood Member Posts: 10 Joined: 3/3/2009 Location: Allen, TX User Profile |
I wanted the 0 days to expiration to represent letting the spreads go to expiration, just to see where the balance is with the strike price choices, but apparently you can't do that in a trade plan. And, if you don't have any exits, it will keep a position open forever. OT may not be exact with its calculation of what option prices may be at any given time, but for testing purposes, for me, I feel like it is close enough if you test good liquid assets. I do wish that we could be able to choose the strikes in spreads by the Delta instead of ITM + 1, 2, 3, etc or OTM +1, 2, 3, etc. There's a big difference in those strike prices between a $35 stock and a $600 stock. Delta's would get you so much closer to a preferred price. Thanks for all of your input. |
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