Australian (ASX) Stock Market Forum

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Thats interesting.


My system is essentially a breakout system and it works phenomenally over 1998-2003, even better than it does over 2004-2007.


My own personal belief is that when it comes to equities, its better to always stay in the market due to the historical bullish bias, if you can afford to. If I was 50 or 60 then obviously I would think about it differently.


There are always stocks breaking out, there are just MORE OF THEM during bullmarkets.


A better way to approach filtering out bad trades would be to use sector analysis. I was going to seriously take this approach but the price S&P were quoting for sector/index data was far beyond what I was willing to spend. Maybe in the future.


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