Unholy Grails - Amibroker

[Blumoontrader]

anyone have any insight into the recent performance of the unholy grail systems (eg Weekly trend trader, 20% flipper and BBO breakout).... now that any discussion has been taken into the 'subscription only service' that is TheChartist website??? Was once a great forum.. hmm

 

[tech/a]

anyone have any insight into the recent performance of the unholy grail systems (eg Weekly trend trader, 20% flipper and BBO breakout).... now that any discussion has been taken into the 'subscription only service' that is TheChartist website??? Was once a great forum.. hmm

Why is it not a great forum now?

 

[Roller_1]

I know The Chartist Growth Portfolio is up around +25% in the last year, which is similar to BBO system.

 

[soso]

anyone have any insight into the recent performance of the unholy grail systems (eg Weekly trend trader, 20% flipper and BBO breakout)

I personally track WTT, using my own code. I'll just say that if you started in Jan 2014 you'd be better off just buying the SP500 index (e.g. SPY).

 

[NewbieTrader1982]

Your not going to know where that is or when that will be.

Today's ASX 200 price could be twice its price in 5 years.
A sector could way out perform the index.
A stock or three may out perform a sector.

If your systems trading I've found a filter such as an index or portfolio filter to really help.

You'll get average years you'll get below average years and you'll get amazing years
But you will get better than market results and an easy set of rules to follow

Does this mean you follow the system day in day out, regardless of the market and year, just keep following it and rely on the PE over time to do its thing?

Thanks

 

[Roller_1]

Does this mean you follow the system day in day out, regardless of the market and year, just keep following it and rely on the PE over time to do its thing?

Thanks

I am assuming PE = positive expectancy? and yes, when you have a thoroughly tested and validated system the idea is to follow it as you said day in day out. Especially for trend following systems where missing a few big trades a year can really hurt performance.

 

[tech/a]

Does this mean you follow the system day in day out, regardless of the market and year, just keep following it and rely on the PE over time to do its thing?

Thanks

While Roller is correct to a degree.
Every system must be monitored.
Experts in the field like Howard Bandy will tell you
all systems break down over time as Macro economics alter
the landscape of the markets both positively and negatively.

You should have mechanisms in place to constantly assess the veracity
of your system. But in an ideal world you monitor it against the expected performance from your testing
An unusually large drawdown or a long streak of losses above that seen in testing would be 2 alarm bells.

 

[Roller_1]

While Roller is correct to a degree.
Every system must be monitored.
Experts in the field like Howard Bandy will tell you
all systems break down over time as Macro economics alter
the landscape of the markets both positively and negatively.

You should have mechanisms in place to constantly assess the veracity
of your system. But in an ideal world you monitor it against the expected performance from your testing
An unusually large drawdown or a long streak of losses above that seen in testing would be 2 alarm bells.

I agree, although traders especially new traders can't run for the hills and get cold feet at the first DD or run of losses. Like you said if you had a hard and fast rule in place that may help