95% ASX100 success rate

[Wysiwyg]

I have uploaded a snap shot of a backtest with a -2.65% stoploss, and also a snap shot of one without a stoploss at all , as well as all the corresponding data.

Also, i realize the compounding does get a little bit ridiculous ... but hey play around with it!

Enjoy, also lowered the starting capital to $10,000.

Keep posting your real time trades dude because that is the ultimate truth. The back tests are garbage and we know it.

 

[PennD]

Hi roberto.. you may be pushing poop up hill while the overall matket is in decline... is there a way you can reverse your system and find the best shorting opportunity? Otherwise it appears you are fighting the larger trend. Cheers Penn

 

[skyQuake]

Just looking at the stats alone I think you may have made some testing errors.

1. No stop loss and yes stop loss have the exact same winners and losers.
I would have expected stop loss test to have less winners (due to being stopped) but smaller losers
And there would have definitely been stocks that went through the stop loss, then ended the week positive.

2. Max DD of -2.65% with stops. Pretty sure there were plenty of gaps in the past 2 weeks. Especially with some terrible earnings. There should be at least a few -5%+ in there somewhere.

 

[RobertoHood]

Hey guys,

Sorry for the late update!

Only one BUY signal for this week!

AIO

And did i purchase it? ...... no haha, im on the sidelines this week!

 

[Porper]

Hey guys,

Sorry for the late update!

Only one BUY signal for this week!

AIO

And did i purchase it? ...... no haha, im on the sidelines this week!

For total clarity I think you should post your buys on a Sunday...or before market open Monday. Those who are sceptical could imply you've waited to see the damage today on open. Interesting that your pick (AIO) has held up really well so far today.

 

[pinkboy]

For total clarity I think you should post your buys on a Sunday...or before market open Monday. Those who are sceptical could imply you've waited to see the damage today on open. Interesting that your pick (AIO) has held up really well so far today.

Yep, my thoughts exactly.

Was waiting for an update up until this morning. OP did mention they did their scan Friday night after close, so not sure why we didn't see anything from then onwards?

pinkboy

 

[RobertoHood]

Yep, my thoughts exactly.

Was waiting for an update up until this morning. OP did mention they did their scan Friday night after close, so not sure why we didn't see anything from then onwards?

pinkboy

Totally understand guys, does look a bit dodgy,

Was a busy weekend! I have been working on other things as well and forgot to update the thread! My apologies.

 

[cynic]

Totally understand guys, does look a bit dodgy,

Was a busy weekend! I have been working on other things as well and forgot to update the thread! My apologies.

Overall you've come across as very open and honest with your disclosures on this thread, so whilst I might normally have agreed with others concerns, on this occasion I see no need to doubt your personal integrity.

 

[PZ99]

Hey guys,

Sorry for the late update!

Only one BUY signal for this week!

AIO

And did i purchase it? ...... no haha, im on the sidelines this week!

Should've bought a bear....

... then buy a jeep

 

[drizl1]

Hi Roberto, just wondering if you ran your scan on Friday and if you had any BUY signals?

 

[RobertoHood]

Hey guys!

Sorry for the hiatus, i havent had much time to work on the system , as i have been focused on trading this crazy volatility!

I will come back to the system once the smoke clears , but i have just been scalping lately based on the U.S after hours market , and watching the NZX50 prior to the ASX opening among other things!

Today i have performed a wee scalp with NAB which i intend to close out very soon,

Hope everyone has been well

 

[Wysiwyg]

Hey Rob. Looks like NAB was a loss trade matey! Timing for this strategy was bad. 95% is not consistent as real time trades show.