Trend 9 - With Limits, No Stops - Up, Up, Up

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Rules:

Data set taken from 01/01/10 to 31/03/10

Trading Type: Stocks
Start Time: 08:00
Finish Time: 16:00
Stop Loss: None
Limit: x% on High
Long/Short Trading: Long
Buy Rule:
-7 Day Close < -2 Day Close

-2 Day Close < -1 Day Close

-1 Day Close < 0 Day Open

Sell Rule:

If Day 0 Profits at High > x% then take Profits at x%; else

If Day 1 Profits at High > x% then take Profits at x%; else

If Day 2 Profits at High > x% then take Profits at x%; else

If Day 3 Profits at High > x% then take Profits at x%; else
If Day 4 Profits at High > x% then take Profits at x%; else

Day 4 Close take Profits/Loss

Results:

Report:

Well, this is the first true failure. We have lost 82% of our pot in three months by following this trend! So we can see that trying to pin down quick wins really isn't the way forward. At least not with this trend. If we are taking the first set of results as a control, then we cna see a vast amount of difference. The win ratio is lower, the risk to reward is abysmal and of course the financial results are attocious. However, there is one point of interest, which is the results get better the higher the limit leve. It would be interesting to see at what point the limit reached its maximum... but not that interesting.

Yet another way Not to make monye on the stock market, successfully discovered!

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