The 10/21 crossover occurred 2 days ago, providing a long signal. Again, rather than blinding trusting a set of technical tools to direct our trading, we should scrutinize the strategy to ensure continued validity.
This journal was started on January 20th, 2012. Here is a backtest of the 10/21 strategy from the inception of this thread until today. Please note that this assumes that market participants have been able to shelter funds from ongoing counter-party risk in the BTC markets.
This journal was started on January 20th, 2012. Here is a backtest of the 10/21 strategy from the inception of this thread until today. Please note that this assumes that market participants have been able to shelter funds from ongoing counter-party risk in the BTC markets.
- Return of 9700% pre-commission; return of 9000% post-commission
- Assumes a 0.25% trading fee
- Assumes no slippage from the bid-ask spread
- Assumes no execution delays
- Results are long only