Isn't it beautiful!

On a recent harbour cruise I just caught "Wild Oats" in the lens. It was great to see this magnificent yatch feature on the front page of the Sydney Morning Herald the next day!

Equity Curves

Equity curve of closed trades only to September 2005. Trades are on the X axis and include all contract notes, I haven't grouped similar trades, such as 3 sells on the same stock over a week. I also plotted a moving average line although I don't use it for anything.

DOM

I prefer not to post trades in play in case someone thinks its a recommendation. I picked this one up with a system that doesn't give a lot of signals. Hopefully it pans out ok. It had already moved substantially before I jumped on, with signals firing much earlier in other systems.

Take the trade, follow the system, don't think too much and sell when I get the signal. The trailing stop should keep me out of too much trouble.

Risk & Reward

Reward/risk ratio (simulated using TradeSim & AmiBroker) for the system shown in the WPL trade below. I took the biggest winner out. This is the only system I trade where the exit points stay fixed from the week that the trade is taken. Average positive RR was 2.58 and average negative RR was -0.70. I use 1% risk position sizing. This is a fairly new system so I am keeping a close eye on it. I designed it to trade the stocks in the ASX100. So far so good.