Hi Andrew,
Why not forward test it and paper trade it
for a while until you get a feel of it?
Backtesting is a great tool, but it also
gives you figures in a few minutes of what otherwise takes you years to trade
in real life, and it’s too hard to evaluate how each day “feels
like” (esp. if trading on weekly bars and you are looking at the market
every day).
Regards,
Claude
From: Andrew Z
[mailto:wizard@xxxxxxxxxxxxxxx]
Sent: Monday, February 14, 2005
19:19
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] What would
you do?
G'day all,
Firstly, let me state for the record that I am a
novice. But I'm
learning. I've been working on a system that I
feel comfortable with and
that I can have faith in. In playing with the
backtester settings, as
you do, I came across some surprising results when
I switched from daily
to weekly periods - an increase of almost 300%
over my daily cumulative
profit figure. Some people (most?) would be happy
with such a discovery.
But, assuming I was to go with this system, I
don't think i'm capable of
trading weekly. I am used to (in my limited time)
working with daily
bars and making decisions at EOD that, were I to
go with the system,
but on a weekly basis, I don't think I would have
THAT much faith if
things went south on one day (assuming I'm long)
to wait until the end
of week bar and then evaluate. Maybe that comes
with experience? Or
having the utmost faith in my system and belief
that it will get me out
if this go against me? I dunno...
I'm so not used to thinking in terms of weeks,
that it is all a
bit...unknown.
What would you do?
Andrew.
Check
AmiBroker web page at:
http://www.amibroker.com/
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Check AmiBroker web page at:
http://www.amibroker.com/
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
| Yahoo! Groups Sponsor |
|
![]() |
Yahoo! Groups Links