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Herman,
I share the question.
When Buy at Close/Sell at next day open is +10% and Short at
close/Cover at next day open is another +10% and at the end you are a
bit below the first movement, what is the meaning of any MM
technique ? Is it valid for loosing periods only ? Then, not trading
at all would be a better advise.
DT
--- In amibroker@xxxx, "Herman van den Bergen" <psytek@xxxx> wrote:
> I have just one question: Does it really work?
>
> Is it worthwhile for me to spend hundreds of hours reading boring
> books and trying all kinds of code that doesn't work?
>
> Can anybody honestly tell me that they increased performance of
> their trading system by more than 100% or reduced their Drawdowns
> by 50% or more, using money MM techniques? Or even better: turn a
> loosing system into a winner?
>
> Or is it ALL about reducing risk and never mind that the profits
> dwindled to 20% of what it was before MM?
>
> Any encouragement for me to dig into, or not to dig into, this
> topic would be appreciated. Examples of how MM benefited you
> would be appreciated...
>
> Many thanks,
> Herman.
>
> PS. Are MM techniques implemented in AB or externally?
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