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OK,

I'm going to pursue what you mentioned about TT entry signals not being much above random entry in improving performance.

Have you actually quantified how much of a difference there is between

a) Random entry and TT exit/stop loss.........and
b) TT Entry and TT exit/stop loss

Can you post comparitive results of a Monte Carlo sim of say 5000 portfolios using each method with the same trading period as before?

I'm still trying to work out exactly where the difference between 18.20% and 7.14% comes from, and I would like to know exactly how much TT entry has a part in this (every % point counts!).

If most of the difference can be attributed to the stop loss and 180 EMA - wow, for me thats pretty significant...

Why is it significant for me? Because;

My original thoughts were that I could possibly apply some of my portfolio to using the TT method, while my normal mostly fundamental part technical analysis would be used for my other half..... and see what happens. But I think there are significant ways I think the two could be intermixed.....

1) Normally a decision on entry for me would be a combination of economic/cyclical/industry conditions as well as some fundamentals on the particular company, maybe a little TA - but rarely. With TT entry signals there is no reason why i couldn't overly my analysis on top to chose/rate which if any to enter. This is because economic/cyclical/industry conditions change very slowly and would not be hard to apply, and there are certain fundamental analysis techniques that can be applied across the board to rate companies very quickly on their financial position. One of these methods has been used very successfully discussed and applied on another forum - will discuss further down the track......

and

2) Depending on how much difference tech's results come back between random entry and TT entry - there seems to be no reason why I couldn't apply my normal fundamental analysis on entry (ie no TT entry), but then apply TT exit/stop loss criteria once I have entered. The reason is becuase I have always struggled when to exit stocks to maximise my returns.

The question of whether any value can be added through my own methods 1 & 2 is obviously a big fat ???? and there is really little way of back testing easily any fundamental entry...........

so it continues

TJ

<blockquote data-quote="TjamesX" data-source="post: 14352" data-attributes="member: 193">OK, I&#039;m going to pursue what you mentioned about TT entry signals not being much above random entry in improving performance.Have you actually quantified how much of a difference there is between a) Random entry and TT exit/stop loss.........andb) TT Entry and TT exit/stop lossCan you post comparitive results of a Monte Carlo sim of say 5000 portfolios using each method with the same trading period as before?&nbsp; <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite8" alt=":D" title="Big Grin&nbsp; &nbsp; :D" loading="lazy" data-shortname=":D" /> I&#039;m still trying to work out exactly where the difference between 18.20% and 7.14% comes from, and I would like to know exactly how much TT entry has a part in this (every % point counts!).If most of the difference can be attributed to the stop loss and 180 EMA - wow, for me thats pretty significant...Why is it significant for me? Because;My original thoughts were that I could possibly apply some of my portfolio to using the TT method, while my normal mostly fundamental part technical analysis would be used for my other half..... and see what happens. But I think there are significant ways I think the two could be intermixed.....1) Normally a decision on entry for me would be a combination of economic/cyclical/industry conditions as well as some fundamentals on the particular company, maybe a little TA - but rarely. With TT entry signals there is no reason why i couldn&#039;t overly my analysis on top to chose/rate which if any to enter. This is because economic/cyclical/industry conditions change very slowly and would not be hard to apply, and there are certain fundamental analysis techniques that can be applied across the board to rate companies very quickly on their financial position. One of these methods has been used very successfully discussed and applied on another forum - will discuss further down the track......and 2) Depending on how much difference tech&#039;s results come back between random entry and TT entry - there seems to be no reason why I couldn&#039;t apply my normal fundamental analysis on entry (ie no TT entry), but then apply TT exit/stop loss criteria once I have entered. The reason is becuase I have always struggled when to exit stocks to maximise my returns.The question of whether any value can be added through my own methods 1 &amp; 2 is obviously a big fat ???? and there is really little way of back testing easily any fundamental entry...........so it continuesTJ</blockquote>

[QUOTE="TjamesX, post: 14352, member: 193"] OK, I'm going to pursue what you mentioned about TT entry signals not being much above random entry in improving performance. Have you actually quantified how much of a difference there is between a) Random entry and TT exit/stop loss.........and b) TT Entry and TT exit/stop loss Can you post comparitive results of a Monte Carlo sim of say 5000 portfolios using each method with the same trading period as before? :D I'm still trying to work out exactly where the difference between 18.20% and 7.14% comes from, and I would like to know exactly how much TT entry has a part in this (every % point counts!). If most of the difference can be attributed to the stop loss and 180 EMA - wow, for me thats pretty significant... Why is it significant for me? Because; My original thoughts were that I could possibly apply some of my portfolio to using the TT method, while my normal mostly fundamental part technical analysis would be used for my other half..... and see what happens. But I think there are significant ways I think the two could be intermixed..... 1) Normally a decision on entry for me would be a combination of economic/cyclical/industry conditions as well as some fundamentals on the particular company, maybe a little TA - but rarely. With TT entry signals there is no reason why i couldn't overly my analysis on top to chose/rate which if any to enter. This is because economic/cyclical/industry conditions change very slowly and would not be hard to apply, and there are certain fundamental analysis techniques that can be applied across the board to rate companies very quickly on their financial position. One of these methods has been used very successfully discussed and applied on another forum - will discuss further down the track...... and 2) Depending on how much difference tech's results come back between random entry and TT entry - there seems to be no reason why I couldn't apply my normal fundamental analysis on entry (ie no TT entry), but then apply TT exit/stop loss criteria once I have entered. The reason is becuase I have always struggled when to exit stocks to maximise my returns. The question of whether any value can be added through my own methods 1 & 2 is obviously a big fat ???? and there is really little way of back testing easily any fundamental entry........... so it continues TJ [/QUOTE]

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