• Australian (ASX) Stock Market Forum

My simple big idea of trading stocks!

Discussion in 'Trading Strategies/Systems' started by Gautam, Oct 28, 2017.

  1. Gautam

    Gautam Trading4Living

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  2. tech/a

    tech/a No Ordinary Duck

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    25 yrs old
    Nothing new
    Developed “Tech Trader”
    14 yrs ago

    Anyone can do it
     
  3. Gautam

    Gautam Trading4Living

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    Anyone can do it? Thats good to know that anyone can beat market with 36% win ratio. Okay show me. Its a challenge !
     
  4. Trendnomics

    Trendnomics

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    Indeed anyone can design a profitable trend-following strategy - it only requires a few simple rules.

    But very few can actually trade such a strategy over the long term - thus missing out on the power of compounding.
     
  5. tech/a

    tech/a No Ordinary Duck

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    Pages 101 to 107
    Radge’s book
    “Un holy Grails “

    All there
     
  6. Trendnomics

    Trendnomics

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    I've always found it quite ironic/hypocritical, that when given the slightest chance of informing/reminding everyone about “Tech Trader”, you leap into action - yet you have completely stopped trading the system (last trade date getting close to 10 years?).

    I've done some recent back-tests on “Tech Trader” and it's performance has been quite impressive post-GFC. The GFC draw-down is a mere blemish, compared to the returns that followed. Would you not have been better off financially, if you continued trading and scaling “Tech Trader”, rather than p*ss fart around with small scale discretionary trading (as you have posted after the death of “Tech Trader”)?
     
  7. tech/a

    tech/a No Ordinary Duck

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    Not quite right
    I trade a more refined version for my super
    I trade discretionary for a bit of fun
     
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  8. Trendnomics

    Trendnomics

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    Good to know that Tech Trader is still alive. :)
     
  9. tech/a

    tech/a No Ordinary Duck

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    In a few forms
    I know of 4 people who still trade it
     
  10. skyQuake

    skyQuake

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    Looks good but keep in mind a few things:
    -For fair comparison use the ASX Accum index is up 22.46% in the same period
    -Brokerage doesn't seem to be taken into account. Estimating $15k avg position x 0.1% comm x 2 (entry and exit) x 50 trades = $1500 Comm
    So you end up with 23.76% vs 22.46%
    Your risk management looks alright so maybe you'll outperform during sideways/down markets
     
  11. Gautam

    Gautam Trading4Living

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    Thnx for comment SkyQuake.
    I used data for ASX 200 index and index return during the pd was 16.14%
    I agree on brokerage costs which is 1% for buying and 1% for selling.
    I also met few fund mgrs in Sydney who agreed on above return figures.
    Appreciate your comment.
     
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