Thursday, January 6, 2011Some interesting stats Over last couple of days on some Internet chats story about volatility came up again. People are complaining because there in no enough volatility and they can't make money. Daily range on ALSI is steadily declining and if we take last month into consideration it is well bellow the average. So, I did some small exercise to find out how many points were available over last four years: Year Amount of all points available - Top40 Daily range 2007 111.395 464 2008 175.971 733 2009 118.814 495 2010 97.297 405 Number of points made (as percentage of total points available) by one of our systems is declining slowly from around 17% to 10.2% currently, so we are getting declining monthly returns. Reason for that is most probably lack of follow through over last 18 months or so. So, question that I want to ask - Isn't maybe time in South Africa to start considering intraday trading (like in US)? If you can make 20% of daily range every day you will easily beat probably all systems. Trade with trend! Posted by Alsi Trader at Thursday, January 06, 2011 2 comments Email This BlogThis! Share to Twitter Share to Facebook Share to Google Buzz
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