Allan, your scoring chart would be a lot less confusing(to me anyway) if you were to scoot everything down one line; the sell on 11/11 @ 12.24 completes the first trade at a loss of -.08, so shouldn't that .08 loss show next to the sell on 11/11 @ 12.24?
Is the next trade in the chart a short on 11/11 @ 12.24 which is closed out on 11/11 @ 12.11? Or, is the sale on 11/11 @ 12.24 both a close out of the 12..32 buy on 11/10 AND the start of a new short trade at 12.24 that gets closed out by the buy on 11/11 @ 12.11? Apparently each trade i your chart is both close out of an existing trade simultaneous with the opening of a new trade? Nice results...10.23% over 2 weeks...annualize that!
Yes, like Mike above, I had the same question. When you are in a short position, are you buying to cover, then immediately going long with a buy? And then to exit the buy, selling, then right after that, selling short? That would be the only way reading the Gain/Loss column would make sense, correct? Thank you Allan.
For reporting purposes, signals generate immediate trades that at once cover existing position and open new position. If Long 500 TZA, new Sell results in one trade: Sell 1,000 TZA.
Thanks Allan, In the season of Thanksgiving I would like to say thanks for sharing your trading knowledge, thoughts and ideas thru this blog. A person can never stop learning. Have a blessed Thanksgiving weekend!!
Don't forget your score on NNVC, LOL!
ReplyDeleteAllan, your scoring chart would be a lot less confusing(to me anyway) if you were to scoot everything down one line; the sell on 11/11 @ 12.24 completes the first trade at a loss of -.08, so shouldn't that .08 loss show next to the sell on 11/11 @ 12.24?
ReplyDeleteIs the next trade in the chart a short on 11/11 @ 12.24 which is closed out on 11/11 @ 12.11? Or, is the sale on 11/11 @ 12.24 both a close out of the 12..32 buy on 11/10 AND the start of a new short trade at 12.24 that gets closed out by the buy on 11/11 @ 12.11? Apparently each trade i your chart is both close out of an existing trade simultaneous with the opening of a new trade? Nice results...10.23% over 2 weeks...annualize that!
Mike
Are we nearing a reversal to a sell on TZA?
ReplyDeleteNNVC: it dropped down to .41 a month or so ago and now its testing .90. I think that's over 100%..not sure what you are laughing at.
ReplyDeletejeff/dallas
Yes, like Mike above, I had the same question. When you are in a short position, are you buying to cover, then immediately going long with a buy? And then to exit the buy, selling, then right after that, selling short? That would be the only way reading the Gain/Loss column would make sense, correct? Thank you Allan.
ReplyDeletemike also
Allan,
ReplyDeleteIs the Renko experiment over?
What did you determine about there usefulness? Thanks.
L
Re: TZA system
ReplyDeleteFor reporting purposes, signals generate immediate trades that at once cover existing position and open new position. If Long 500 TZA, new Sell results in one trade: Sell 1,000 TZA.
Re: Renko
ReplyDeleteStill ongoing R & D, I thought the TZA idea should take some precedence due to amazing backtest results. There is only one of me.
Thanks Allan,
ReplyDeleteIn the season of Thanksgiving I would like to say thanks for sharing your trading knowledge, thoughts and ideas thru this blog.
A person can never stop learning.
Have a blessed Thanksgiving weekend!!
L