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Hello mark,
mkuac> Built this little system the other day and these are its results on WTI -
mkuac> (the system uses no stops)
FIRST RED FLAG! YOU HAVE OMITTED MAX NUMBER OF CONTRACTS HELD.
gee wonder why lets read and find out.
i don't have a problem using no stops but not on a system that only
buys and does not sell. there was a little old lady using tradestation
once and she got on tv and told about how much money she made going
long only.
from your report i have to assume since the looser's take forever to
get out of and the winners take half as long that this system only
buys.
what happened to you great system that you were trading for clients
with borrowed money, though it had to be substantial. i would imagine
this new model is similar to your mindset set of scale trading.
pleas go troll somewhere else man. before i have to get ugly and
report you to the nfa. mark
mkuac> Being relatively unfamiliar with the Tradestation system report is there
mkuac> anything obviously wrong with this system or does it look promising
mkuac> (obviously with further refinement)
mkuac> Mark
mkuac> TradeStation Strategy Performance Report - MK Oscillator US@xxxxxxxxxx
mkuac> (10/01/2000-11/12/2001)
mkuac> Performance Summary: All Trades
mkuac> Total Net Profit $128,810.00 Open position P/L
mkuac> ($29,370.00)
mkuac> Gross Profit $144,450.00 Gross Loss ($15,640.00)
mkuac> Total # of trades 88 Percent profitable 80.68%
mkuac> Number winning trades 71 Number losing trades 17
mkuac> Largest winning trade $5,180.00 Largest losing trade
mkuac> ($2,690.00)
mkuac> Average winning trade $2,034.51 Average losing trade
mkuac> ($920.00)
mkuac> Ratio avg win/avg loss 2.21 Avg trade (win & loss)
mkuac> $1,463.75
mkuac> Max consec. Winners 28 Max consec. losers 6
mkuac> Avg # bars in winners 13 Avg # bars in losers 29
mkuac> Max intraday drawdown ($41,780.00)
mkuac> Profit Factor 9.24 Max # contracts held 13
mkuac> Account size required $41,780.00 Return on account
mkuac> 308.31%
mkuac> Strategy Analysis
mkuac> Net Profit $128,810.00 Open Position
mkuac> ($30,470.00)
mkuac> Gross Profit $144,450.00 Interest Earned
mkuac> $4,753.46
mkuac> Gross Loss ($15,640.00) Commission Paid
mkuac> $0.00
mkuac> Percent profitable 80.68% Profit factor 9.24
mkuac> Ratio avg. win/avg. loss 2.21 Adjusted profit factor
mkuac> 6.55
mkuac> Annual Rate of Return 73.90% Sharpe Ratio
mkuac> N/A
mkuac> Return on Initial Capital 128.81% Return Retracement
mkuac> Ratio 5.83
mkuac> Return on Max. Drawdown 274.88% K-Ratio N/A
mkuac> Buy/Hold return -33.80% RINA Index
mkuac> 86.14
mkuac> Cumulative return 466.70% Percent in the market
mkuac> 68.95%
mkuac> Adjusted Net Profit $107,873.68 Select Net Profit
mkuac> $128,810.00
mkuac> Adjusted Gross Profit $127,306.94 Select Gross Profit
mkuac> $144,450.00
mkuac> Adjusted Gross Loss ($19,433.26) Select Gross Loss
mkuac> ($15,640.00)
mkuac> ---------------------------------------------------------------------------
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mkuac> prohibited. Please note that e-mails are susceptible to change. ABN AMRO
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mkuac> improper or incomplete transmission of the information contained in this
mkuac> communication nor for any delay in its receipt or damage to your system.
mkuac> ABN AMRO Bank N.V. (or its group companies) does not guarantee that the
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mkuac> ---------------------------------------------------------------------------
--
Have a Great Day, Mark
http://www.markbrown.com
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