Kevin_in_GA
4,599 posts
msg #132678
- Ignore Kevin_in_GA |
11/21/2016 10:25:29 PM
jackmack: I think what he means is that you divide your funds into five slices. Kevin's backtests show that it is rare for more than 5 triggers to be active at a time, so using more than 5 slices leaves too much money on the sidelines.
Exactly. The goal is to maximize the use of your funds, and trading only 5 units seems to be the sweet spot. It also allows you to average into a trade if the price goes against you.
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dtatu
143 posts
msg #132679
- Ignore dtatu
modified |
11/21/2016 10:27:07 PM
silllllihs
Well, I think I showed it clearly that, when the appropriate vehicle is used, with the discipline of following the system, In 13 trades , I lost 8$ once,and made money in 12 others , for a total profit of 7 158.00 $.
This system works, until proven otherwise, sorry.
When you use 3 x vehicle for longs , and XIV for shorts, etc, it's your choice; do not blame the system.
We all admitted that trading a surrogate of VIX was a risk we took, as we did not know what was the best one.
Using a more prudent approach vs a super leveraged one seemed to me a more logical one.
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jackmack
334 posts
msg #132680
- Ignore jackmack |
11/21/2016 10:28:43 PM
Sorry Kevin - must have been typing at same time
I have no dog in this fight but hate when others attack without reviewing results before posting
I'm out
Welcome back
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shillllihs
6,101 posts
msg #132681
- Ignore shillllihs |
11/22/2016 12:44:25 AM
Ok, it seemed like this has been getting beaten bad multiple times. I think it's long Vix now right?
And then Kevin took off for 2 weeks when things were really getting bad.
Ok, I guess it's great. I apologize.
Just to be fair, I am scrutinized daily. I have not critiqued anyone in months.
But my opinion stands. Every system ever created here crumbles to
the ground. Nothing ever endures. If you think I'm wrong, go back & look at the scrap heap.
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dtatu
143 posts
msg #132683
- Ignore dtatu
modified |
11/22/2016 6:58:15 AM
I thought you were sucsesfully trading your own system, silllihs; you were even selling your signals on Collective2!
( see the thread :" I Hate Giving Up All My Secrets But")
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jackmack
334 posts
msg #132684
- Ignore jackmack |
11/22/2016 6:58:21 AM
Yes
Filter 4 indicates a buy at the open today
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dtatu
143 posts
msg #132685
- Ignore dtatu
modified |
11/22/2016 7:01:24 AM
For today, I still have: HOLD 2 OPEN LONGS(9 &4)
So , 4 was triggered the day before, already
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Kevin_in_GA
4,599 posts
msg #132686
- Ignore Kevin_in_GA
modified |
11/22/2016 7:54:45 AM
Just to make sure everyone is up to date on system performance, here are all of the trades opened and closed since 11/1 (my last update):
Symbol L/S EntryDate EntryPrice ExitDate ExitPrice GrossTrade NetTrade DaysHeld
^VIX Long 11/10/2016 14.03 11/11/2016 14.81 5.85% 5.56% 1
^VIX Short 11/3/2016 19.83 11/11/2016 14.85 25.29% 25.11% 6
^VIX Short 11/2/2016 19.07 11/10/2016 14.03 26.61% 26.43% 6
^VIX Short 11/2/2016 19.07 11/15/2016 14.18 25.83% 25.64% 9
^VIX Short 11/2/2016 19.07 11/10/2016 14.03 26.61% 26.43% 6
^VIX Short 10/28/2016 15.65 11/8/2016 18.94 -20.74% -21.02% 7
^VIX Short 10/28/2016 15.65 11/10/2016 14.03 10.59% 10.35% 9
^VIX Short 10/27/2016 14.35 11/10/2016 14.03 2.51% 2.23% 10
Others here - please verify. To me it looks like the system has continued to perform admirably with only one loss in the last 8 trades.
We have 2 open long trades that are currently down, but no exit has been triggered yet. Patience.
Remember that in each trade you are not committing more than 20% of your equity assigned to this approach (which should be one of several investing strategies in play, to help smooth out any rough patches).
Kevin
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jackmack
334 posts
msg #132688
- Ignore jackmack |
11/22/2016 8:38:33 AM
Sorry - not sure but I got the email last night from SF and #4 had a buy for this morning.
Did anyone else get this?
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ferndave
65 posts
msg #132693
- Ignore ferndave |
11/22/2016 9:11:59 AM
I have #4 triggering after Friday's refresh for a Monday buy. No changes for 11/22.
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