How was your trading in 2013?

[beachlife]

Take a look at the XSO chart and you'll see.

Index results are irrelevant to active traders.

Have a look at some stocks, BHP, WOW, CBA, AMP, TLS. I see lots of short term trades.

Systematic doesnt necessarily mean black box or scripted.

AlterEgo, dont let these guys pull you down, you have a great result to build upon this year. Well done!!

 

[Trembling Hand]

Systematic doesnt necessarily mean black box or scripted.

Err yes it does!!!!!

AlterEgo, dont let these guys pull you down, you have a great result to build upon this year. Well done!!

I am not trying to "pull down" anyone. Just saying that a 60% return on an EOD system is at the upper end, especially the ASX the last few years.

 

[Porper]

Index results are irrelevant to active traders.

You really believe that? if using a mechanical system the performance of the relevant index has a major bearing unless you are a very short term trader.

AlterEgo, dont let these guys pull you down, you have a great result to build upon this year. Well done!!

I don't see anybody trying to pull anyone down. Asking questions and even questioning results is part and parcel of being involved in a forum; especially when you post strong results.

 

[tech/a]

Well done, a near 60.0% rise is exceptional on the ASX...that's almost too good to be true from a Systematic system. Must be one hell of a system.

The only way that this COULD occur is taking every trade/compounding
Cherry picking trades would mean that the trades taken are being perfectly filtered into the very best trades by a discretionary filter.
These trades would be reflected in the higher end results returned from Monte Carlo analysis.(Where you would see if it were indeed even possible).

Then if he was to design a Neural network system Vanstone has proven a 100% and better return from even mediocre systems--here 60% would not be un common---particularly in very short timeframe design.

 

[beachlife]

LOL...ground hog day.

 

[tech/a]

LOL...ground hog day.

So it appears.
Tends to flush us out!

 

[beachlife]

yep always the same 3 people.

Check this out, these guys made around 26% in 3 months, fully audited....I guess these results will be rejected because it's just a game, even though they are mirror trades.
https://www9.asx.com.au/smg/newsletter.htm

 

[Trembling Hand]

yep always the same 3 people.

Check this out, these guys made around 26% in 3 months, fully audited....I guess these results will be rejected because it's just a game, even though they are mirror trades.
https://www9.asx.com.au/smg/newsletter.htm

Groundhog day indeed.

Funny thing is beachlife you ask a question then refused to even try to understand where the answer is coming from. NO ONE is saying that 60% is not achievable.

 

[beachlife]

No its never said it out right. The implication that the results are untrue comes through from rubbish like

"Mind you we are on a forum so anything is possible"
"the only way this could occur.."
"too good to be true"

and usually from the same people.

 

[tech/a]

No its never said it out right. The implication that the results are untrue comes through from rubbish like

"Mind you we are on a forum so anything is possible"
"the only way this could occur.."
"too good to be true"

and usually from the same people.

Yeh comments like that come from experience.
Lots of it in those selected.

AE himself admits to current drawdown.
Im sure he knows exactly where we are coming from.
He would also understand our trepidation and I'm sure would hold
a similar view himself with regard to many comments on this and any other forum.

Ill give YOU cred when you trade live
In the meantime -----

 

[elbee]

The only way that this COULD occur is taking every trade/compounding
Cherry picking trades would mean that the trades taken are being perfectly filtered into the very best trades by a discretionary filter.

Not so.
I trade a 100% mechanical system on the ASX without using margin or compounding and achieve results in line with those reported by AlterEgo.

Attached is a part of my IB statement for the period July- Dec 2013.
The statement shows the individual stocks traded and the profits and losses generated from each.
This is a $100,000 account. $60,000 is used to finance the ASX trades (up to 10 positions at $6,000 each). The remaining $40,000 is used for margin for short term SPI futures trading (up to 5 contracts. Profit from the ASX system for the 6 months is $17K which is 28% for the period or 56%pa. Futures trading produced annualised return of 80%.

Now before anyone gets too excited most of the profits from tha ASX system are unrealised at 31 Dec and this is only a 6 months period. Also you will see that many of the stocks are small capital stocks and so the system is restricted in scaleability.

However the point is that these results are consistent with what I have seen over a number of years and confirm that 60%pa is achieveable from the ASX.

Internet forums attract all sorts of self-professed experts. There is an old saying that goes something like "those who can - do, those who can't - go on the internet."

 

[tech/a]

Not so.
I trade a 100% mechanical system on the ASX without using margin or compounding and achieve results in line with those reported by AlterEgo.

Attached is a part of my IB statement for the period July- Dec 2013.
The statement shows the individual stocks traded and the profits and losses generated from each.
This is a $100,000 account. $60,000 is used to finance the ASX trades (up to 10 positions at $6,000 each). The remaining $40,000 is used for margin for short term SPI futures trading (up to 5 contracts. Profit from the ASX system for the 6 months is $17K which is 28% for the period or 56%pa. Futures trading produced annualised return of 80%.

Now before anyone gets too excited most of the profits from tha ASX system are unrealised at 31 Dec and this is only a 6 months period. Also you will see that many of the stocks are small capital stocks and so the system is restricted in scaleability.

However the point is that these results are consistent with what I have seen over a number of years and confirm that 60%pa is achieveable from the ASX.

Internet forums attract all sorts of self-professed experts. There is an old saying that goes something like "those who can - do, those who can't - go on the internet."

Annualised return are you kidding!
Including Futures are you also kidding.
The points in question are with regard to a 12 mth method
IE last 12 mths, and Stock!

Talk about cherry picking.
Now its results.

My trade on the DAX tonight gives me an annualized return of $375000 with $34000 starting equity.(1,100% annualized)
Can oz hasn't a chance!!!

Read what T/H has said---again.

NO ONE is saying that 60% is not achievable.

So why the angst???

 

[IFocus]

No its never said it out right. The implication that the results are untrue comes through from rubbish like

"Mind you we are on a forum so anything is possible"
"the only way this could occur.."
"too good to be true"

and usually from the same people.

To be fair over the years (some of us have been at this + 20 years) there has been x amount of scamers etc turning up with claims that have failed to be substantiated.

There are always exceptions and outliers hopefully you are one.

 

[AlterEgo]

I just thought I'd post a quick update. I was in drawdown when I posted before, but things have really turned around over the last few weeks!! See attached.