INVERTERATE - 1 Day Only
Hypothetical Monthly Returns (includes typical commissions and system fees)
|Strategies||Technical analysis, Market timing|
|System started||2/1/2011 (28 months ago)|
(Last login to C2: 4/6/13 7:39)
C2 Score: 989
Vendor has created 1 other system. Show
System creator requested that closed trades data below be delayed by one day.
Live brokerage trade data is available for this system. Show broker data?
|Hypothetical Trading Results|
|2/6/13 9:30||BUY||106||CHRW||C.H. ROBINSON WORLDWIDE||61.56||2/7
|2/6/13 11:12||BUY||205||SU||SUNCOR ENERGY INC||32.66||2/7
|2/6/13 10:47||BUY||104||LBTYA||LIBERTY GLOBAL INC CL A||63.99||2/7
|2/5/13 9:57||BUY||142||MCO||MOODY'S CORP||47.18||2/6
|2/4/13 14:54||BUY||127||MCO||MOODY'S CORP||52.37||2/5
|2/4/13 10:59||BUY||492||TEF||TELEFONICA SA||13.61||2/5
|1/31/13 10:23||BUY||184||STZ||CONSTELLATION A||36.27||2/1
|1/31/13 11:42||BUY||250||IVZ||INVESCO LTD||26.74||2/1
|1/30/13 15:16||BUY||979||RIMM||RESEARCH IN MOTION LTD||13.24||1/31
|1/30/13 15:59||BUY||391||BX||BLACKSTONE GROUP LP||17.12||1/31
|1/29/13 10:03||BUY||433||RIMM||RESEARCH IN MOTION LTD||15.46||1/30
|1/29/13 9:30||BUY||81||ASH||ASHLAND INC||78.76||1/30
|1/28/13 15:19||BUY||169||SCCO||SOUTHERN COPPER||39.43||1/29
|1/28/13 9:30||BUY||360||GILD||GILEAD SCIENCES INC||40.15||1/29
|Chance of 50% account loss||0.0%|
|Chance of 100% account loss||0.0%|
|Average Profit to Drawdown (APD)||0.13|
|Average P/L per unit traded||$0.20|
|Sum of dividends and cash expir. in model account||$661|
Great system! Generates approx 50-150 limit orders daily. One-cancels-all groups ensure that no more than a dozen or so (maximum) get filled. Buys on weakness; sells at next day's open. Losses, when they occur, are generally small; gains can be quite large. System performs best in choppy markets, but works in trending markets as well. Easy to trade manually using IB's BasketTrader and following directions available on request from developer. Best suited to margin accounts (including IB Reg-T margin IRAs) in excess of $25k to avoid pattern daytrader restrictions.
I like this system. I trade it together with SP ETF Timer and Stock Swing Trader for which I have submitted a positive review earlier.
Trade signals are generated nightly around 7pm depending on EOD pricing availablity from Fidelity. Can range in number from 0 on low volatility days to 300+ on high volatility days. The most cost effective way to trade this system is to manually trade it using IB TWS BasketTrader. BasketTrader allows you to upload a csv file which I provide daily. The files are partitioned in 10 OCA Groups. Using these groups will effectively limit the number of open positions to a maximum of 10. I also provided addtional csv files produced from larger datasets for those seeking more exposure. If you need more info please contact me.
Fidelity Wealth Lab is used to maintain the strategies, perform backtesting, and generate order lists.
Backtesting Trading Results:
Past Performance is No Guarantee of Future Results.
**************Note on Margin and Collective2******************
Inverterate - 1 day does NOT use margin, however, there is one scenario specific to Collective2 where margin might be used briefly. It seems to be a timing issue and it will only occur at the market open of a particularly weak trading day.
Collective2 allows an unlimited number of orders as long as there is at least $1 of buying power available. Collective2 will execute any order that opens below the entry price. After executing these orders it will perform a buying power check. If the buying power is exceeded, Collective2 will reverse orders randomly in a margin call until the buying power is back in line. This scenario might happen once every 2 or 3 months.
The bottom line is the only sure way not to use margin in Collective2 is to trade on a cash account with no margin.
- This System Description text was submitted by the creator of this strategy. Collective2 verifies only trading signals and hypothetical trading results. We have not verified that this text above is an accurate system description. Remember there is a substantial risk of loss in trading. Past performance is not indicative of future results. Do not trade with money you cannot afford to lose.