Friday, May 25, 2007

Trade Ideas: 3-month; 6-month; 1-year performance

My Trade Ideas scan was developed as a method to screen stocks developing a bullish base, but trading close enough to a short term and intermediate term moving averages to be considered a relatively low risk buy. My "Base Scan" is similar to the one given in the widget in the sidebar (less the 'New High' filter). Early on in the year I looked at a fixed reward:risk return for these picks. This time I decided to look back and see how the picks generated by the software 3-, 6- and 12-months ago have performed.

For the 3-month data I used the dates February 23rd to February 27th, for the 6-month data I used November 27th and the 12-month data is from May 22nd. The market ETFs are an average return for the SPY, QQQQ, and IWM.

What is clear from the data is the consistent performance of my Trade Ideas scan; even the percentage profitability was very high; for 3 months it was 79%, for 6-months its was 87% and the 12-month data it was 74%. My own newsletter picks ("Fallond") performed well - but the percentage win was not as impressive at 3 months where the win percentage was a lowly 42%, however it was 80% at 6-months and 75% at 12-months with the highest return of the three comparisons.



If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.

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