Oluwatosin Israel Tokode @oluisrel: "///This Week The recovery in the..."

United Kingdom

///This Week The recovery in the stock market got a boost from the FED this week. $SPY (State Street SPDR S&P 500 ETF) is one or two bars away from a new all time high. $QQQ (Invesco QQQ) is farther behind. I'm paying less and less attention to market events so not even sure what's on the horizon for stocks. //Trading System (TOKODE.com) I'm beginning to see that the greatest challenge an algorithmic trader might have is knowing when to stop improving the algorithm. This has already cost me dearly, after a year of non stop system development, I'm underperforming the market. So I'm putting a stop to all development activities. The current system has a MAR of 1.66 and an expectancy of 8.48%, that's pretty good. A simple, profitable system executed consistently is the way to go. /Momentum This strategy continues to recover but slowly as the Nasdaq is now underperforming the S&P. $SMCI (Super Micro Computer, Inc) surely can't make it back into the ranking as it had fallen so far down. /Breakout I'm surprised $SDOW (ProShares UltraPro Short Dow30) is the only position held by this strategy. /Volatility There is an entry signal for $UVXY (ProShares Ultra VIX Short-Term Futures ETF) but no guarantees it will lead to a position. I'll be watching this one carefully. /Reversion If the rally continues, I don't expect any activity on this strategy. /Hedge This strategy is only active in bear markets.