Wednesday, December 02, 2009

We're going to the chapel and we're.....


3 comments:

Brian said...

Hi Allan,

First, let me say thanks for sharing your thoughts and trading process with the public. I've been following for a while because of my interest in NNVC, and I am intrigued by your TMZ trading. However, I am confused by your stats. When I spreadsheet my trades, I calculate $ and % returns on a roundtrip basis, i.e. after I close out the position. Your stats table seems to calculate the returns every time there is a trade, regardless of whether you are opening or closing the position. When I plug your trades into my spreadsheet, I get different results. Please understand - I'm not disparaging - I like what you're doing, and I'm just trying to make sure I understand your stats. I would be happy to share my spreadsheet, but I don't know how to attach it to this post. If you'd like to review it, just tell me where to send it. By any measure, yours or mine, your results are still impressive.

Hamilton said...

Allan:

A great chart by a great trader! This system allows one to "clean up" in a few short months. As a full time investor I am amazed you give away your info.

Bravo on yet another job more than well done.

Hamilton Von Bahr, VI

At The Von Bahr Compound, Northern ME

Wayne said...

Hey Brian, I haven't followed this particular system, but my understanding is that the entry price of trade X is the exit price of trade X-1. That seems to be true since the "Net" of trade X is the difference between entry X and entry X-1.

Wayne