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| Subject: | Matrix Mania Dead on Arrival |
| Posted by: | Index ( C2 Score: 976 ) |
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| When: | 5/07/07 (15:25) | |
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| | I am sorry, but the reason it seems to look so good, is you are willing to hold large drawdowns until a profit is banked. I did a summary on 2007 trades. I get something like 58,800 in net profits and -268,000 summation of max drawdowns for an APD of approx 0.21. And that is during your BEST growth (after end of 2006.)
I am sorry, but that is a horrible investment performance. This is just another "Hold & Hope" System. IE, no predictive value whatsoever. |
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| Subject: | Matrix Mania Dead on Arrival |
| Posted by: | Joey Autry (Admin) ( C2 Score: 872) |
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| When: | 8/17/07 (17:17) | |
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| | In response to post by Index of 5/07/07 (15:25) I am sorry, but the reason it seems to look so good, is you are willing to hold large drawdowns until a profit is banked. I did a summary on 2007 trades. I get something like 58,800 in net profits and -268,000 summation of max drawdowns for an APD of approx 0.21. And that is during your BEST growth (after end of 2006.)
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No, I'm sorry, your analysis makes no sense. Bad trades are not held in hopes of them turning around, lots are closed if trade is going bad to minimize loss. I guess the proof is in the system performance which is displayed on C2. |
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| Subject: | Matrix Mania Dead on Arrival |
| Posted by: | James Rose ( C2 Score: 306) |
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| When: | 8/18/07 (8:05) | |
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| | In response to post by Index of 5/07/07 (15:25) I am sorry, but the reason it seems to look so good, is you are willing to hold large drawdowns until a profit is banked. I did a summary on 2007 trades. I get something like 58,800 in net profits and -268,000 summation of max drawdowns for an APD of approx 0.21. And that is during your BEST growth (after end of 2006.)
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See entire
Have just subscribed to this system - I thought $5pm can't hurt but glad am only using fun money as $3K down closed and $600 down open on my first day - and I haven't factored in broker fees either!
Too early to judge but a shame 6 out of 8 trades went wrong. Come on Matrix Mania!!
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| Subject: | Matrix Mania Dead on Arrival |
| Posted by: | Index ( C2 Score: 976) |
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| When: | 8/18/07 (10:40) | |
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| | In response to post by Joey Autry of 8/17/07 (17:17) No, I'm sorry, your analysis makes no sense. Bad trades are not held in hopes of them turning around, lots are closed i...
See entire
actually the comment is from a long time ago. But the difficulty remains. The analysis is based on APD in the stats. Something like APD of 0.20 means for an average $20 of net profit, that the system experienced $100 in max DD. That is what is meant by Hold&Hope.
A couple of people will snarl against APD, but it is rather accurate regardless. The current APD is pretty poor.
But subscribed anyway, and watching. |
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| Subject: | Matrix Mania Dead on Arrival |
| Posted by: | Pal Anand ( C2 Score: 988) |
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| When: | 8/19/07 (17:30) | |
| Systems: | Direxion (FAS/FAZ), Direxion BGU/BGZ, Direxion DRN/DRV, Direxion DZK/DPK, Direxion EDC/EDZ, Direxion ERX/ERY, Direxion LBJ/LHB, Direxion MWJ/MWN, Direxion NUGT/DUST, Direxion SOXL/SOXS, Direxion TMF/TMV, Direxion TNA/TZA, Extreme Stocks, ProShares AGQ/ZSL, Proshares TQQQ/SQQQ, ProShares UCO/SCO, ProShares UGL/GLL, Proshares UPRO/SPXU, ProShares UUP/UDN, ProShares UVXY, ProShares UYM/SMN, ProShares XPP/FXP, System 78433109, System 1200737, System 13513226, System 14747274, System 14900604, System 17333270, System 18570303, System 21001636, System 22811602, System 25126348, System 25286922, System 25480083, System 26583686, System 26874100, System 28959109, System 30070387, System 30091398, System 30092309, System 32171590, System 33686814, System 36312421, System 39940733, System 49372097, System 51623361, System 56204818, System 59614452, System 62659351, System 63709256, System 64327252, System 64862505, System 65149161, System 65149202, System 66082786, System 69788609, System 69789319, System 74827691, System 76000954, System 76001024, System18339738 |
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| | In response to post by Index of 8/18/07 (10:40) actually the comment is from a long time ago. But the difficulty remains. The analysis is based on APD in the stats. Something like APD of 0.20 means for an average $20 of net profit, that the system experienced $100 in max DD. That is what is meant by Hold&Hope....
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>but it is rather accurate regardless.
I disagree. |
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