The Geek Forum

[Capitalist]

Hypothetical Account Update

This week's trade is posted on the homepage. It's a buy of XLK.


I may start a second hypothetical account which picks the best scoring trade from the trading alerts each week. I've been getting the impression that the trading alerts might be performing better than the standard weekly plans.

The trading alerts are based on the top ten performing PATTERNS ever found for each instrument as opposed to always using the same PATTERNSET for each instrument. I'm starting to think that the idea of a "best patternset" for a given instrument is misguided. However, it may also be just that the 14 patternsets I have right now aren't very good.

By comparing the performance of the "best patternset" (shown on the standard weekly plans) approach to the "best pattern" (shown on the trading alerts) approach, I can investigate this.

I won't abandon the idea of a "best patternset" yet though until I try out many more patternsets than just these original 14. I also want to study the elements involved in the top ten pattern lists using a database to see if patternsets are a factor in making a good pattern, or if it's really the underlying events and conditions of which the patterns are composed. Kind of a "top down" vs. "bottom up" question that I would like to study.

So much research to do....

Out here!