PAN was nothing spectacular but at least it made some gains. I re-entered this trade when the buy signal was triggered a week after I sold it. This system ranks the trades and I just take them in order so I have less decisions to make.
There has been a few sells in July as the market wobbled a little - some winners and some losers. Other sells included DYL, MMX, ETC, DOM.
Trading started up again back in January 2009 when signals started to appear. I was cash before then. With longer term systems it's usual to only realise loses in the startup period - winning trades tend to last longer whilst losing trades are cut short.
Over the last week substantial gains have crept into the portfolio - the market is looking promising. I am pretty well fully invested.
stevo
2 comments:
Hi Stevo, just wondering if you could give me some ideas what to test for in a system to rank the best trades to take when you get multiple signals in a week?
Rgds, Ray
Ray
I am just ranking on average weekly turnover. By doing this I get the stocks that should be easiest to buy and sell rather than thinly traded stocks.
I have considered ranking based on rate of change but I am more comfortable trading higher turnover stocks. Rate of change is one of the components of systems I trade anyway so using it is doubling up on the one parameter.
stevo
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