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Thread: Mistaken Stops on IWM and XLU

  1. #1
    Join Date
    Dec 1969
    Location
    Long Island, New York
    Posts
    515

    Mistaken Stops on IWM and XLU

    I misread the stop positions for a NEW position instead of for an EXISTING position.

    As such I got stopped out of IWM, and manually exited XLU immediately after.

    Although I did this by mistake, I made the same mistake in both ETFs so this is a somewhat valid beginning to my test.

    First trade, then (albeit imperfectly exited):

    IWM entered 78.39, exited 78.23
    XLU entered 33.09, exited 32.86

    IWM gain/loss -.20%
    XLU gain/loss -.70%

    I'll try to follow the robot more acurately next time.

  2. #2
    Join Date
    Dec 1969
    Location
    Long Island, New York
    Posts
    515

    Re-entering XLU and IWM

    Both XLU and IWM closed below the point I inaccurately sold them yesterday.

    I'll re-enter both trades at or below the point I exited them yesterday and (for purposes of the test) pretend that the exit never happened.

    The point of the test is to have two running trades in which the first one follows the Robot entry and exit points for IWM EXACTLY and the other follows the general time of the trade but selects one of nine heavily traded sector ETFs instead of pivot points.

    If it becomes apparent that there is positive synergy between the Robot's generic timing and my sector selections, I'll lobby Billy to see if we can test individual pivot points on my sector selections to see if we can do even better.

    Right now I'm just a real time guinea pig.

  3. #3
    Quote Originally Posted by teclontz View Post
    If it becomes apparent that there is positive synergy between the Robot's generic timing and my sector selections, I'll lobby Billy to see if we can test individual pivot points on my sector selections to see if we can do even better.
    Tim, I would be happy to run some tests for you. I can throw a number of years of data into a database and get some results for us pretty quickly if you'd like. happy to help ...

  4. #4
    Join Date
    Dec 1969
    Location
    Long Island, New York
    Posts
    515

    Backtests

    Happy,

    Thanks for the offer. I've already done backtests, but real time is the only real proof.

    This is my Beta test ;-)

    Tim

  5. #5
    Join Date
    Dec 1969
    Location
    Seattle, Washington USA
    Posts
    151

    following along

    I'm happily tracking your progress. Thanks very much for the pioneering efforts,

  6. #6
    Join Date
    Dec 1969
    Location
    Long Island, New York
    Posts
    515

    Iwm, xlu

    Staying long XLU while IWM is long.

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