Joel Performance Statistics

...continued from yesterday...

Here are some performance statistics about Joel’s formula that I gleaned from reading his book.
Minimum holding period: 11 months.
Maximum holding period: 13 months.
Average holding period: 12 months.
Percentage Winning Trades: Not provided.
Percentage Losing Trades: Not provided.
Losing Streaks: “The magic formula often doesn’t work for several years in a row” (page 76).
Stop Loss Orders: Not used.
Profit Targets: Not used.

...cont'd tomorrow...

Copyright 2007 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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