Here are some great FREE resources to help you improve your trading: Download the 10 Commandments for Profitable Stock Trading here: go.enlightenedstocktrading.com/optin
Get your FREE TRADING COURSE and become a Millionaire System Trader! go.enlightenedstocktrading.com/the-millionaire-trader-code
Eliminate your trading mistakes and download the TRADING MISTAKE CHEAT SHEET now! go.enlightenedstocktrading.com/trading-mistakes-cheatsheet
Thank you for watching! I am glad my videos are helping you :-) please subscribe and also comment to let me know what else you would like to learn more about with Amibroker.
Thank you for such wonderful video Adrien !!! It would be great if you can create videos on how to create dynamic stock portfolio using these compounding position sizing model . Thanks.
Yes absolutely - in a backtest and also when generating signals for the next trade it does “know” how much spare cash there is in the portfolio so it knows if there is enough to take an extra position.
Smaller exposure is good from a risk management perspective, however if you make your position size too small then your compound annual rate of return on your whole account could suffer. This is a tradeoff which is important to evaluate. With Amibroker it is easy to backtest this and see how the return and drawdown change as your position size changes.
@@EnlightenedStockTrading Hello Adrian, thank you for asking. I just finished a strategy which included 8 parameters to trade in the U.S. stock market since 1-Sep 2020 after 3-year efforts. From 1 Sep to 10 Sep, we got 1.923% return. The strategy is developed by data between 18 Feb and 31 Aug 2020. Until now, the result is good. I am satisfied on it. But my concerns are 1. How can I find the best way to get better condition for each symbol in term of stable, low volatility, and profitable condition by the 8 parameters? 2. I think I should learn to find the best condition by P-Value, Regression, Hidden Markov Models, Stochastic Differential Equation, and even more tools of quantitative finance. It really takes time. I am thinking which one is the best way to find the best combination of the 8 parameters. 3. I know that each strategy will be failure in the future in term of many reasons but how to determine on it? When should we give up? Sorry that I have many questions currently. I hope some professionals can support me.
Raymond IP thanks for your great question... my first observation is that your system has been developed with only a very small dataset. I usually backtest my trading systems over many years of data, so I would encourage you to extend your Backtesting window to include as much data as possible. For your 8 parameters, I favor more blunt tools rather than those statistical tools. I would look at your rules and test your system with and without each rule one at a time and eliminate the rules that don’t make a significant difference to the performance of the system. Do this a couple of times and you will hopefully simplify the system a lot. How many trades does your backtest have in it?
Here are some great FREE resources to help you improve your trading:
Download the 10 Commandments for Profitable Stock Trading here:
go.enlightenedstocktrading.com/optin
Get your FREE TRADING COURSE and become a Millionaire System Trader!
go.enlightenedstocktrading.com/the-millionaire-trader-code
Eliminate your trading mistakes and download the TRADING MISTAKE CHEAT SHEET now!
go.enlightenedstocktrading.com/trading-mistakes-cheatsheet
Few rare video describe true volaltility percent position size on youtube. Thanks for greate video and the code.
Thank you for watching! I am glad my videos are helping you :-) please subscribe and also comment to let me know what else you would like to learn more about with Amibroker.
Thanks, these are great tutorials
Timo Karttinen thank you! I am glad they are helpful :-) Let me know if there are any specific topics you would like me to cover.
Adrian
Nice one, Adrian! Learned something new today :)
Pratik Thakkar brilliant! Let me know what else you would like to learn in Amibroker and I will make some more videos!
Thanks a lot...
Glad it helped you! What other Amibroker tutorials would you like to see?
@@EnlightenedStockTrading thanks for asking, how MFE and MAE parameters can be used effectively towards improving system results?
Thank you for such wonderful video Adrien !!! It would be great if you can create videos on how to create dynamic stock portfolio using these compounding position sizing model . Thanks.
Thank you for your awesome feedback. I will certainly keep that in mind for future videos
Hello, Does amibroker calculates the cash available for next trades? In order to don't add extra cash.
Yes absolutely - in a backtest and also when generating signals for the next trade it does “know” how much spare cash there is in the portfolio so it knows if there is enough to take an extra position.
Thanks...
The link does not send the code to my email. (configuration error)
Hello Enlightened Stock Trading, thank you for your sharing. For the exposure, smaller is better. Is it right?
Smaller exposure is good from a risk management perspective, however if you make your position size too small then your compound annual rate of return on your whole account could suffer. This is a tradeoff which is important to evaluate. With Amibroker it is easy to backtest this and see how the return and drawdown change as your position size changes.
@@EnlightenedStockTrading Thank you Adrian.
Raymond IP my pleasure! Let me know if you have any other questions :-)
@@EnlightenedStockTrading Hello Adrian, thank you for asking. I just finished a strategy which included 8 parameters to trade in the U.S. stock market since 1-Sep 2020 after 3-year efforts. From 1 Sep to 10 Sep, we got 1.923% return. The strategy is developed by data between 18 Feb and 31 Aug 2020. Until now, the result is good. I am satisfied on it. But my concerns are 1. How can I find the best way to get better condition for each symbol in term of stable, low volatility, and profitable condition by the 8 parameters? 2. I think I should learn to find the best condition by P-Value, Regression, Hidden Markov Models, Stochastic Differential Equation, and even more tools of quantitative finance. It really takes time. I am thinking which one is the best way to find the best combination of the 8 parameters. 3. I know that each strategy will be failure in the future in term of many reasons but how to determine on it? When should we give up? Sorry that I have many questions currently. I hope some professionals can support me.
Raymond IP thanks for your great question... my first observation is that your system has been developed with only a very small dataset. I usually backtest my trading systems over many years of data, so I would encourage you to extend your Backtesting window to include as much data as possible. For your 8 parameters, I favor more blunt tools rather than those statistical tools. I would look at your rules and test your system with and without each rule one at a time and eliminate the rules that don’t make a significant difference to the performance of the system. Do this a couple of times and you will hopefully simplify the system a lot.
How many trades does your backtest have in it?