Normal
Hi [USER=72920]@willoneau[/USER]The 'Dump it here' thread was started back on the 17th December 2018 & the thread was designed to educate newbies starting out on their trading journey being a one stop shop (as to say) - a repository of my ideas & keeping my posts in one spot is an advantage for me.SearchingIf you use keywords in the search feature & include "posted by" Skate, you will find what you are looking for without too much frustration. The Educational sideThe 'Dump it here' thread lacked traction early on as there was a lack of input from other members so I just kept punching out ideas as they come to me, at one stage I thought I was wasting my time as it had little value to others. The 'Dump it here' thread has had 58,568 views to date with 1,886 post (mainly mine)Talking about strategiesShifting focus from a bunch of educational posts to talking about the strategies I trade & about system development the thread started to come alive so I persisted in this vein. I no longer post other than to update my weekly trading results of the CAM strategy & to answer questions when asked.An oldie but a goodieNo one reads yesterdays news, meaning most members only read [Recent Posts] without revisiting older posts. Just for you I'll revisit & update a good strategy developed by Richard Donchian.Donchian channel breakout strategyI've traded a modified version of the Donchian channel breakout strategy with great success. Unfortunately I no longer trade the Donchian Breakout strategy, not that's it's not a good strategy, it’s because I’ve got better ones & I can’t trade them all. Richard Donchian was a true pioneer of technical analysis. The fact is that a lot of trading strategies he developed forms the basis of so many other systems used today is an excellent indication of the value of his method.His rules were surprisingly simple1. Buy when the current price exceeds the highs of the previous four full calendar weeks.2. Exit when the current price falls below the lows of the previous four full calendar weeks.Looking for perfectionFor those looking for the perfect strategy, there isn’t one, so in the meantime why re-invent the wheel – pick an idea that’s been backtested, proven to work & modify the idea to suit the job you want it to achieve.UPDATEI'm posting a recent backtest update of the "Donchian Strategy" for the last financial year with results & charts to show its no slouch.The Donchian Weekly Strategy Backtest ResultsBacktest Period: 1/7/2018 to 30/6/2019Capital Allocation : $100,000Positions in the Portfolio: 20Position Size: $5,000[ATTACH=full]96555[/ATTACH][ATTACH=full]96556[/ATTACH]Questions about the strategyThere is no need to ask any questions about this strategy as my previous post on the "Donchian Strategy" can be found here: https://www.aussiestockforums.com/posts/1012251/Skate.
Hi [USER=72920]@willoneau[/USER]
The 'Dump it here' thread was started back on the 17th December 2018 & the thread was designed to educate newbies starting out on their trading journey being a one stop shop (as to say) - a repository of my ideas & keeping my posts in one spot is an advantage for me.
Searching
If you use keywords in the search feature & include "posted by" Skate, you will find what you are looking for without too much frustration.
The Educational side
The 'Dump it here' thread lacked traction early on as there was a lack of input from other members so I just kept punching out ideas as they come to me, at one stage I thought I was wasting my time as it had little value to others. The 'Dump it here' thread has had 58,568 views to date with 1,886 post (mainly mine)
Talking about strategies
Shifting focus from a bunch of educational posts to talking about the strategies I trade & about system development the thread started to come alive so I persisted in this vein. I no longer post other than to update my weekly trading results of the CAM strategy & to answer questions when asked.
An oldie but a goodie
No one reads yesterdays news, meaning most members only read [Recent Posts] without revisiting older posts. Just for you I'll revisit & update a good strategy developed by Richard Donchian.
Donchian channel breakout strategy
I've traded a modified version of the Donchian channel breakout strategy with great success. Unfortunately I no longer trade the Donchian Breakout strategy, not that's it's not a good strategy, it’s because I’ve got better ones & I can’t trade them all. Richard Donchian was a true pioneer of technical analysis. The fact is that a lot of trading strategies he developed forms the basis of so many other systems used today is an excellent indication of the value of his method.
His rules were surprisingly simple
1. Buy when the current price exceeds the highs of the previous four full calendar weeks.
2. Exit when the current price falls below the lows of the previous four full calendar weeks.
Looking for perfection
For those looking for the perfect strategy, there isn’t one, so in the meantime why re-invent the wheel – pick an idea that’s been backtested, proven to work & modify the idea to suit the job you want it to achieve.
UPDATE
I'm posting a recent backtest update of the "Donchian Strategy" for the last financial year with results & charts to show its no slouch.
The Donchian Weekly Strategy Backtest Results
Backtest Period: 1/7/2018 to 30/6/2019
Capital Allocation : $100,000
Positions in the Portfolio: 20
Position Size: $5,000
[ATTACH=full]96555[/ATTACH]
[ATTACH=full]96556[/ATTACH]
Questions about the strategy
There is no need to ask any questions about this strategy as my previous post on the "Donchian Strategy" can be found here: https://www.aussiestockforums.com/posts/1012251/
Skate.
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