After doing more back testing and refinement to my Combo Trend Rider trading system. It is ready to take off. Below is the Data which show the performance of my trading system, trading on 17 stocks on Hong Kong stock market mainly focusing on Blue Chip stocks
Back Test duration: 2009/03/01 to 2014/09/30 (5.5 years)
Total Trades: 145
Total R return: 87.67 R (R is define as the Risk per trades. E.g. If Risk per trade is 2000, the total return will be 87.67x2000 = 175,340 dollars. This assume initial equity of 200,000 with risking of 1% equity per trade. )
Mean R per Trade: 0.6 R (Which mean on average for every trade, it has netted me 0.6 R return per trade.)
Winning percentage: 66.2%.
Ratio of Expectancy to Standard Deviation = 0.44
By Dr. Van Tharp definition - Ratio of Expectancy to Standard deviation of between 0.3 to 0.49 equal to the quality of an Excellent Trading System.
With the above result, I am confident that my system will make money in the market both UP and DOWN.
Article by Macao Millionaire Doctor
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