- Joined
- 28 December 2013
- Posts
- 6,352
- Reactions
- 24,221
Mr Skate,
1. Quite a difference in performance: one is a 12% drawdown, t'other 2.5% - A design feature? Or just a random outcome?
2. If a design feature, would you expect the same discrepancy on the upside? If no, then this is really positive as risk seems to have a much tighter rein on it.
but it does want your money in the wash/rinse cycle ( and that might be your edge )Overall, while the performance of both strategies isn't ideal, it's important to remember that the market doesn't care about my feelings or desires.
@ducati916, the results of both strategies are disappointing, but not unexpected. The timing when starting a new trading strategy can impact its performance, especially over such a short time frame. The truth is, there's never a good time to start trading, as luck and timing play a significant role in the performance early on.
In this case, the starting date between the two strategies has had a significant bearing on the performance, with one strategy experiencing a higher drawdown than the other. While it's possible that this discrepancy could be due to random chance, it's also possible that there's a design difference in the buy condition that's causing the difference in performance.
It's worth noting that the "All Ordinaries index" has performed poorly over the past few weeks, which could be affecting the performance of both strategies. Specifically, the (XAO) index has been experiencing a lot of volatility, which can make it difficult to trade using trend-following or breakout strategies.
In terms of the exit strategy, it's important to remember that the goal of a trading strategy is to maximise profits while minimising risk but to exercise this it takes time. While taking a conservative approach to exiting trades can be frustrating - its primary goal is ultimately to contain losses.
Overall, while the performance of both strategies isn't ideal, it's important to remember that the market doesn't care about my feelings or desires.
View attachment 164345
View attachment 164346
Skate.
So the Breakout strategy has the following in the dashboard. I have no idea if these are the backtest metrics or tracking the results, however:
Point of difference for Pressure?
Please Don't Stepp off but carry onSometimes I just want to have my say
I understand that posting a series of lengthy posts on a single topic can be overwhelming for some readers. However, I'm not designed to produce short, concise posts like those on Twitter.
My intention is to provide detailed and informative content that helps members understand topics, like the use of "AI" in trading. While some may not be interested in this subject, I believe it's essential to explore the potential benefits and practical applications of "AI".
Stepping off
View attachment 164377
Skate.
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.