Investment Strategies / Mechanical Investing
No. of Recommendations: 14
Got a "sell" or risk-off indication this afternoon for the S&P 500 (/es), S&P 400 (/emd), NASDAQ100 (/nq) and the same on Dow Jones Industrial Average (/ym) two days ago (2/7). (ym) sustained a loss. As the strategy calls for utilizing these indexes as separate entities, the substantial gains in /es, /emd and /nq far surpassed the loss on /ym. /emd and /nq performed the best during this bull run contrary to what might have been guessed with the prospect of earnings shortfalls and the impact of higher interest rates. The signal infers a transition to cash rather than to adopt a short posture.
No. of Recommendations: 8
No. of Recommendations: 8
My initial post was an angry reactionary post to someone who posts subterfuges for efforts to sell what I consider to be suboptimal wares here. I haven't decided how if it all to sell my own wares. In the meantime, you can benefit from the signals I offer if you trade on a daily chart. Feel free to document any signals I provide in whatever forum you want.
No. of Recommendations: 10
Feel free to document any signals I provide in whatever forum you want.
Ok I'll bite. From your posts on this board:
12/15/22 Open Short 3,895.75 posted on 01/04/23
01/06/23 Close Short 3,895.08
01/09/23 No bullish signals yet
01/12/23 Open Long 3,983.17 (posted a trading day later on 01/14/23, market close Friday 01/13/23: 3,999.09)
01/27/23 While I'm long now, I would NEVER recommend initiating a long position in the current market predicament.
01/28/23 Currently, the signal remains bullish.
02/10/23 Risk off Close Long 4,090.46
So far your signals gave 2 round trip trades, a short which was basically a wash after commissions, and a long yielding 2.69%. Looking forward to the next signal.
No. of Recommendations: 8
Using QQQ at the close for opening long position 1/13 (OL $280.97) and 2/9 (CL $301.68) there was a 7.3% gain.
For the short position using QQQ 12/15(OS $276.23) and 1/6 (CS $268.80) there was a 2.7% gain.
Craig
No. of Recommendations: 0
Thanks for biting. Appreciate your interest but your assessment is kind of moronic.
To put this in context, I'm using futures, so the objective is low volatility. I'm going to leave it to you to determine what I made with NQ, ES and EMD minus YM as it will be a good exercise for you to take a closer look, but this strategy pays the bills and then some. Perhaps you feel it was stupid to exit the indexes last week? It never feels like the right move to leave the party, just as it didn't feel like the right move to step in, but that's what this system says to do. We'll see.
No. of Recommendations: 4
Using QQQ at the close for opening long position 1/13 (OL $280.97) and 2/9 (CL $301.68) there was a 7.3% gain.
For the short position using QQQ 12/15(OS $276.23) and 1/6 (CS $268.80) there was a 2.7% gain.Good point. With QQQ the result is better, although I suspect it could go the other way as well, QQQ being more volatile. I have added QQQ (your dates were slightly off) with these signals which are based on the S+P500 to a little table I made:
date action S+P500 price QQQ return S+P return QQQ
12/15/22 open short 3,895.75 276.23
1/6/2023 close short 3,895.08 268.80 0.02% 2.76%
1/12/23 open long 3,983.17 279.05
2/10/23 close long 4,090.46 299.7 2.69% 7.40%
Anyway, two trades from a blackbox system, or even 1 year of trades don't prove much. So I think I'll leave it at that, although for entertainment purposes I'm looking forward to seeing the next signals.
Anyone remember TimingCube? I never used them, but remember people posting that their system based on backtested results (which they presented as real trading results) worked for a good while, until it didn't. I think it turned out quite a desaster for some people.
No. of Recommendations: 0
Right. Do what you want. Do you remember the guy who is selling his wares here, using pseudonyms to pump his posts? How come you don't express the same skepticism to him as you do to me? What he's doing is pathetic. Anyway, I'm out of here.
No. of Recommendations: 14
How come you don't express the same skepticism to him as you do to me? What he's doing is pathetic. Anyway, I'm out of here
My thinking: Understandable but wrong reaction, not taking into account two facts:
- Your communication and therefore the scepticism you experienced was practically exclusively with Aguila, with one single poster and therefore should not be generalized.
- Au contraire: Your first post in this thread received 14 rec's, another one 6 rec's => clearly many people here find highly interesting what you have to say.
