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A few answers..

1. It seems you will jump on anything in the ASX that moves (when conditions are right) - Correct, if it moves & meets my buy criteria I'm all over it. When the momentum stops, I'm off the sucker no matter what. If I'm wrong, I can always jump back on again, that's what traders fail to realise.

2. I was very interested to note 7/10 of your best trades last FY were in stocks outside the XAO. The reports are from Amibroker backtesting - my Strategy code is fully manipulated through the parameter settings & Amibroker couldn't keep up with the week to week changes that are made. Amibroker want's rock solid setting so it can do the maths. (the results are a guide only - my actual trading results are better) To give you an example, my bet sizes ranges from $15K to $50K (my amibroker code links to 'available funds' to make the bets) Amibroker works statically not dynamically. (each backtest size is set at $15K) Amibroker is a great program but when it comes to Backtesting is just a fancy calculator.

3. I have looked at index filters and 150ma seems to be a reasonable round number to keep a trader out of major downturns. I've done a lot of analysis on how the big boys move in & out, strangely I've done similar to what you are doing now but take it from me it's not that simple. I run 3 different trading systems to make up my Hybrid strategy, each system is optimised individually to get the base parameter, than combined & optimised again for the optimal (compromise) to give the best returns over all. (150ma, I take that to be the old stock standard SMA, if so you are not in the ballpark - the index filter is tuned to my system)

Please Note
I own a 2 door yellow Jeep Wrangler, HardTop - petrol, normally aspirated fuel injected, whereas my wife owns a Mercedes 250D Avantguard, Diesel Turbo Charged, what I'm struggling to say is what powers my wife's vehicle won't power my vehicle, just the opposite it would do damage, so what's good for one is sometimes not good for the other)

Skate.

<blockquote data-quote="Skate" data-source="post: 1010952" data-attributes="member: 57364">A few answers..1. It seems you will jump on anything in the ASX that moves (when conditions are right) - Correct, if it moves &amp; meets my buy criteria I&#039;m all over it. When the momentum stops, I&#039;m off the sucker no matter what. If I&#039;m wrong, I can always jump back on again, that&#039;s what traders fail to realise.2. I was very interested to note 7/10 of your best trades last FY were in stocks outside the XAO. The reports are from Amibroker backtesting - my Strategy code is fully manipulated through the parameter settings &amp; Amibroker couldn&#039;t keep up with the week to week changes that are made. Amibroker want&#039;s rock solid setting so it can do the maths. (the results are a guide only - my actual trading results are better) To give you an example, my bet sizes ranges from $15K to $50K (my amibroker code links to &#039;available funds&#039; to make the bets) Amibroker works statically not dynamically. (each backtest size is set at $15K) Amibroker is a great program but when it comes to Backtesting is just a fancy calculator. 3. I have looked at index filters and 150ma seems to be a reasonable round number to keep a trader out of major downturns. I&#039;ve done a lot of analysis on how the big boys move in &amp; out, strangely I&#039;ve done similar to what you are doing now but take it from me it&#039;s not that simple. I run 3 different trading systems to make up my Hybrid strategy, each system is optimised individually to get the base parameter, than combined &amp; optimised again for the&nbsp; optimal (compromise) to give the best returns over all. (150ma, I take that to be the old stock standard SMA, if so you are not in the ballpark - the index filter is tuned to my system) Please Note I own a 2 door yellow Jeep Wrangler, HardTop - petrol, normally aspirated fuel injected, whereas my wife owns a Mercedes 250D Avantguard, Diesel Turbo Charged, what I&#039;m struggling to say is what powers my wife&#039;s vehicle won&#039;t power my vehicle, just the opposite it would do damage, so what&#039;s good for one is sometimes not good for the other)Skate.</blockquote>

[QUOTE="Skate, post: 1010952, member: 57364"] A few answers.. [B][I]1. It seems you will jump on anything in the ASX that moves (when conditions are right)[/I] -[/B] Correct, if it moves & meets my buy criteria I'm all over it. When the momentum stops, I'm off the sucker no matter what. If I'm wrong, I can always jump back on again, that's what traders fail to realise. [I][B]2. I was very interested to note 7/10 of your best trades last FY were in stocks outside the XAO[/B]. [/I]The reports are from Amibroker backtesting - my Strategy code is fully manipulated through the parameter settings & Amibroker couldn't keep up with the week to week changes that are made. Amibroker want's rock solid setting so it can do the maths. (the results are a guide only - my actual trading results are better) To give you an example, my bet sizes ranges from $15K to $50K (my amibroker code links to 'available funds' to make the bets) Amibroker works statically not dynamically. (each backtest size is set at $15K) Amibroker is a great program but when it comes to Backtesting is just a fancy calculator. [I][B]3. I have looked at index filters and 150ma seems to be a reasonable round number to keep a trader out of major downturns.[/B][/I] I've done a lot of analysis on how the big boys move in & out, strangely I've done similar to what you are doing now but take it from me it's not that simple. I run 3 different trading systems to make up my Hybrid strategy, each system is optimised individually to get the base parameter, than combined & optimised again for the optimal (compromise) to give the best returns over all. (150ma, I take that to be the old stock standard SMA, if so you are not in the ballpark - the index filter is tuned to my system) [B]Please Note[/B] I own a 2 door yellow Jeep Wrangler, HardTop - petrol, normally aspirated fuel injected, whereas my wife owns a Mercedes 250D Avantguard, Diesel Turbo Charged, what I'm struggling to say is what powers my wife's vehicle won't power my vehicle, just the opposite it would do damage, so what's good for one is sometimes not good for the other) Skate. [/QUOTE]

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