Australian (ASX) Stock Market Forum

Beginners - Introduce yourselves!

Re: Newbie says hello

Hi
can you share the backtest results and how you did them?

thks

Beat me too it.

Yes I'm also interested in the software used,and the type of testing.
Particularly as its an entry signal only.

Define "It works"? I can see that it gives an entry signal but so does every other oscillator cross.

I've looked on the site but cannot find any test results?

I must say your "Money Management" is rudimentary at best.

Your an educator of sorts?
 
Re: Newbie says hello

Hello
I backtested with strategy desk and do not have records to share but I can tell you I am retiring this summer due to stock trading. No I am an educator but not in trading. conerning your reply of my money management section. Being more observant you would of noticed the title page which explains my goal is to simplify for beginners, Thats what I am all about. Not here to fight just to meet some new friends and hope I do.
picker
 
Re: Newbie says hello

Hello tech
Thank you for your comments. Although I do not have records of backtesting I do have visuals of my option plays. I will gather them and share. Yes creates good entries and your exits must be a profit goal or you'll lose your pants and your dream. Thx for your compliment of my money management page. My intentions were to keep it very elementary. I am soon entering retirement and want to help as many beginners as I can. Thanks again

Beat me too it.

Yes I'm also interested in the software used,and the type of testing.
Particularly as its an entry signal only.

Define "It works"? I can see that it gives an entry signal but so does every other oscillator cross.

I've looked on the site but cannot find any test results?

I must say your "Money Management" is rudimentary at best.

Your an educator of sorts?
 
Re: Newbie says hello

I am soon entering retirement and want to help as many beginners as I can.
Hi and hope you can learn something on this forum. :)

As a newbie I would like to see results from forward testing (or false-positive back testing) showing profit/loss, consecutive winners in a row, consecutive losses in a row & maximum percentage draw down.

Otherwise as a beginner/novice I have no idea whether this strategy has a positive expectancy and under what market conditions it will work, what starting bank I will need and when to sell.

Thank you.
 
Re: Newbie says hello

Hello and thank you for your comments
My backtesting was done in a notebook and to put in a spreadsheet would be well a task. But will run a test of my last 20 or so plays and put it in image format for you. thx again and always willing and eager to learn from anyone. Have a great day!
picker
Hi and hope you can learn something on this forum. :)

As a newbie I would like to see results from forward testing (or false-positive back testing) showing profit/loss, consecutive winners in a row, consecutive losses in a row & maximum percentage draw down.

Otherwise as a beginner/novice I have no idea whether this strategy has a positive expectancy and under what market conditions it will work, what starting bank I will need and when to sell.

Thank you.
 
Hello and thank you for your comments
My backtesting was done in a notebook and to put in a spreadsheet would be well a task. But will run a test of my last 20 or so plays and put it in image format for you. thx again and always willing and eager to learn from anyone. Have a great day!
picker

Oh that is okay. I performed a back test on the Aroon cross UP BUY and Aroon cross DOWN SELL for this calender year with ....

A) starting capital of $50000
B) fixed dollar risk of $500 per trade
C) fixed position size of approx. $5000 per trade
D) buy next day after signal
 

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Wysiwyg's
Test says it all.
As does your website with offers available when you SIGN up.

Beginners are soft targets.
 
G'day all,

Been hovering for a while but have found some good time over the past month or so to really start sinking my teeth back into educating myself.

I'm your typical newcomer - have been dabbling in ASX shares for several years, had a few wins and a few losses but never really had any serious method to my madness. Felt it was about time to put some serious effort and energy into building up my knowledge and experience.

I've found ASF to be a great resource so far. Thanks to all that have contributed to the beginner's lounge threads, I've really found them beneficial. The book recommendations have also been great - I've read a few from authors such as Elder, Graham, Tate, Guppy and I've just started reading Radge's Adaptive Analysis.

Looking forward to continuing my learning, reading more on ASF and chatting with everyone about all things investing, trading, etc. I'm also really looking forward to getting a few tools set up at home so I can develop a starting point that I can build from and actually apply what I'm learning.

Cheers :),

db
 
Hello all
I too am new to the site, having only discovered it yesterday. Must say that I have spent a considerable time surfing through all the stocks I hold and am mighty impressed by the commentaries from various contributors. Thank you to the mods/administrators for managing to keep it real and ensuring the site maintains a modum of reality and informative discussions. Look forward to many posts sharing opinions and hopefully learning from others
 
hi, i have been reading this forum for a little while. finally joined couple of days ago.

I also had some wins and losses over my time and trying to work out what really want to do with the stockmarket and my shares.

There is a lot to learn and many thanks to all the people which post on this site. I hope in time i can give back a little of what i am learning.

have a happy 2011

cheers

wolfie
 
G'day All,

Long time surfer of the site, - finally got around to registering!

A new year resolution, - get into trading and make a difference, - will start off with FX - been tracking the pairs for the last 6 years, - thought might as well start dabbling with a bit of short change for it...

Best,
Tig
 
Hello to everyone,

I just noticed this thread and thought I may as well formally introduce myself :)

I am a proud Newbie/Wannabe trader :D

I am interested in trading the Fx market and I have started to read a few books on trading and looking at various trading related websites and forums such as this one.

From what I hear I will be lucky indeed to keep out of the 95% losers club and keep hold of my money. I hope I don't ask to many dumb and annoying questions. ;)
 
Hi there,

I have been on this forum for some time so I figure it's a bout time I posted in one of these threads.

Here is a quick story on my trading life

I started share trading in approximately 05 with CBA my first buy. Within a year it was up 30 odd percent and by that stage I had WPL also. One of my friends at work told me about margin lending which I used to eventually ramp the value of my portfolio to around 75k. Up until the GFC I was doing great, solid dividend income and strong share price appreciation. Come GFC everything hit the skids so to speak, high LVR and a continued optimism for when a recovery would occur. Getting margin called while you're in Egypt on a holiday and having to wake up at 2 am to sell MQG shares for a 10k loss isn't fun. So I lost some savings and learned a few lessons in the process. Fortunately I was able to keep my head above water and come out relitively unscathed. I still have my CBA shares today along with some WPL and upto recently I had been buying blue chip shares and adding to my savings to get a deposit for a house. Come november I started getting interested in small caps, probably helped by the fact my existing portfolio was running flat all year. So I sold off a few and started researching some small caps, over the course of the last 2 months I aquired 5 and have done relitively well so far (solid gains but not exceptional). I enjoy share trading and I find buying small caps fun, so for now it's a bit of a hobby for me. Trouble I have now is keeping off my broker account online while I'm at work, I think i'm addicted to keeping track of every price movement :)
 
Hi everyone.

I dont think i have formallly introduced myself. I have always been interested in share since high school but was never able to save up enough money to get into the shares.

I believe im the only one in the family who has shares and prefers staying in and save money to invest then to get drunk every week on booze and beers.

Im also a mid twenty going back to study and working online as a freelancer designer to help with rent. I do tends to ask annoying questions, but have learnt alot and enjoys the process, feels very lucky and trying to make the most out of life with $100 in my bank account, holding 3 shares, $500 each.

Anyone float my boat!
 
Hi Guys,
Been reading the site for some time,cashed out of some managed funds and BHP shares at the begining of 2010 after riding the rollercoaster ride of the GFC
Looking foward to taling to some of you soon.
Pete
 
Hi.

Im RandR and call beautiful Brisvenice my hometown.

Im Just a 20something dude getting interested in the stockmarket and allsorts of financial instruments.

Im a plumber by trade.

When it comes to investing in equities im finding myself drawn to value investing principles and methods, influenced by people like roger montgomery and the man himself Warren Buffet.

I really dont get technical analysis, and whenever i see someone trying to explain various parts of it they remind me of the mad hatter .. or the wizard of oz. If you think you could change that opinion, send me a PM and share your insights !
 
I really dont get technical analysis, and whenever i see someone trying to explain various parts of it they remind me of the mad hatter .. or the wizard of oz. If you think you could change that opinion, send me a PM and share your insights !
You must be kidding. Why would anyone want to do that?
Maybe read through all of the Beginners' Forum to start to get educated.
Might be good not to pass judgement (viz mad hatter of wizard of oz) before you have bothered to even find out what it's about.

Unreal.
 
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