Sector Selection / IWM comparison, part 4

Part 1, without Billy's pivot help:
IWM 6.51%
XLU 0.91%
Difference -5.60%

Part 2, with Billy's pivot help:
IWM -2.21%
XLK 0.00% (i.e. the trade never hit the stop loss and remained active)
Difference 2.21%

Part 3, with Billy's pivot help:
IWM -1.79%
XLK 1.31%
Difference 3.10%

Part 4, with Billy's pivot help:
IWM -2.11%
XLK 0.00% (i.e. the trade never hit the stop loss and remained active)
Difference 2.11%

I'll update when the Robot gives a new signal or XLK gets stopped out, whichever comes first.

The IWM Robot for Monday is still long, so I've updated the totals to reflect the current returns:

Trade IWM Sector Difference Cumulative (Selection) Call
1 6.51% 0.91% -5.60% -5.60% XLU Long
2 -2.21% 0.00% 2.21% -3.39% XLK Long
3 -1.79% 1.31% 3.10% -0.29% XLK Long
4 -2.11% 0.00% 2.11% 1.82% XLK Long

Even with the debacle from the first trade without Billy's help the sector selections are showing a slight edge.

If we only count the last three trades that were done with Billy's pivots, the sector selections show a 7.42% advantage.

As I said in the previous thread, so far the most conclusive take from the comparison is that Billy's pivots are ESSENTIAL.

Also, when I originally designed the test, I wanted to trade at least 4 alternations between long and short Robot calls. These 4 results, then, are not even the completion of the first leg of the test. When the Robot goes short, then the first of 4 legs is complete.

I do want to say how much I appreciate Billy's help and his openness to testing different approaches. It is this kind of scientific attitude that will make better traders of us all.

They not only have a good system, but good people behind it.

Tim

To paraphrase the Robot's IWM settings for XLK:

Magagement of an existing position
The XLK long position was bought at 25.95, with stop loss remaining at 25.44.

-------------------------------------------------------------------------------------
Settings for a (hypothetical) new position

These are the trade settings for the trading day that follows the 7/29/2011:
The long entry price is 25.73 and the stop level is 25.18

[B][I]***This is not a recommended position. This is only a live beta test with my own money.
[/I][/B]

To paraphrase the Robot's IWM settings for XLK:

Magagement of an existing position
The XLK long position was bought at 25.95, with stop loss remaining at 25.44.

-------------------------------------------------------------------------------------
Settings for a (hypothetical) new position

These are the trade settings for the trading day that follows 8/1/2011:
The long entry price is 25.96 and the stop level is 25.43

[B][I]***This is not a recommended position. This is only a live beta test with my own money.[/I][/B]

The current price is 25.79. I'm tempted to tweak the stop down to 25.43, but I'll hold at 25.44 for the purposes of the test.