Reply to Post #217
Hi chiragvyas.50,
Refer my First post in this thread. Average trade Duration is 28 days. For Profitable trades average duration is 61 days and losing trades average duration is 23 days. (so it is not 5=6 days). It is certainly an EOD system as the name suggest. These all duration statistics are averages only. A stock running in profit may continue even for years (refer Pfizer Ltd, Jindal Photo etc)
Reply to #220
Hi Giridhar,
Refer my first post in this thread. End of day trading system. When a buy signal is triggered, we should buy the following day at 10:00 AM for a capital not exceeding two percent of the portfolio(one percent is optimum).Portfolio testing has been done with 1% impact cost, .5% brokarge at open rate, positions will be taken delayed by one bar. Testing has been done for the period of 5 years which contained a bullish, bearish and sideways market behaviour.
1) You need not worry regarding buying at 10Am as the simulation is done with actual entry and exit delayed by one bar at opening price.
2) You need not worry buying the stock at market price as the simulation is done with one percent slippage and 0.5 brokerage.
3) You need not worry tracking as there are no stops – both Profit stop or stop loss. And because this is an EOD system.
Disclaimer: The only certainty is uncertainty. All information provided on this thread are for educational purposes only, and not for the purpose of encouraging or soliciting investment. The author is not a licensed investment advisor, and therefore cannot give advice pertaining to any financial instrument including equities, derivatives or futures. Please note that any published ideas are based on past results are not indicative of future performance. There is no guarantee that data updates on this thread will be made in a timely manner. The author may have positions in the above securities.
