gtober: I took a look at WLD’s final data, but other than it being about a three year back test, I could not discern the rest of the parameters he used, well at least not with a quick surf of the surrounding posts.
The first results I posted to you included the analysis that the initial account balanced needed to be at a minimum $642,380 due to the max draw down using the settings I used. If your initial capital was $642,380 the Return on Initial Capital to date would only be $73.37% given the same settings. If you reduce the trade size from 1000 down to 100 shares, reduce the commission per trade from 10 down to 5 bucks and stay with an initial account size of 100K, the account is not drawn down below the initial capital but the return on Initial Capital falls to only 6.4% after over 44 years of trading the SPX.
I don’t have a clue how Astrikos.Com could possibly arrive at the results they did. Then if you throw in taxes…forget about it…gg
I am in no way trying to disparage your use of Moving Averages. If you have them working for you, that is what counts. I am just pointing out that as stand alone models they do not provide consistently profitable results. In fact, my back testing in the eighties illustrated to me that none of the know indicators of the day did….LOL
That is why I eventually settled on the system I have been using since, with some modification along the way, but not a lot.
Good trading…
Regards,
LG
PS: I agree, position management is second only to timing and not by much. I’ve been saying that for years.
PSS: I had a possible target low for the QQQ at 33.79 for this move down, intraday charts.
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