Seeking Alpha

bigmoney » Comments » Single Comment |

  • Testing the 5-10-20 Trend-Following Strategy [View article]
    >> If you've never worked with mechanical trading strategies, something like this analysis looks great.... on paper. A lot can depend on what you ASS-U-ME: How much capital is required? What is the commission rate? What the slippage

    I attempted my own custom mechanical trading strategy this past year. Unfortunately, I deployed in Sept of 07. I made nice cap gains through December, but then it all fell through the floor along with the rest of the market. One problem I had is lack of time, so my "system" suffered serious slippage, both on buy & sell. The original idea was to replace emotions with computer algorithm, but that was better in theory.

    To top it off, I payed a mountain of cap gains taxes to the IRS for 2007. Only to loose all that, and (much) more 2008.
    Dec 03 18:09 pm |Rating: 0 0
All Comments by bigmoney »
Comments by Ticker
AA, AAPL, ABK, ABT, AET, AFB, AGG, AGZ, AIG, AMED, AMGN, AMR, AMTD, AMZN, ARMH, AWF, AXYS, BAC, BAX, BBY, BCS, BCSI, BHP, BIL, BLE, BLV, BMY, BNA, BND, BP, BRK.A, BRK.B, BSV, BSX, BUCY, BVT, BWX, BWZ, BXC, C, CAT, CBS, CELG, CFL, CHL, CI, CNQ, COSWF.PK, COV, CPHD,
bigmoney's
Comments Stats
253 comments
Rating: 102 (162 - 60 )