Quarterly Performance Rankings of Published Virtual Trading Strategies
Author: probono
Creation Date: 8/21/2010 1:07 PM
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probono

#1
I am new to the wealth-lab product and new to this site. I am trying to find a page on the site which I cannot seem to relocate. I came across a page which ranked the performance of strategies which were used by members for virtual trading AND described the strategy AND listed the code for the strategy AND had a listing of trade dates. Very helpful. Can anyone help me locate this section? I plan to bookmark it. Thanks.

MAB
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Cone

#2
I can't think of a page that has all that information (it would be pretty big), but Strategy Rankings are performed only for legacy ChartScripts at http://wl4.wealth-lab.com. Click on "ChartScript Rankings" in the menu.
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probono

#3
I am trying to find trading strategy code for TQQQ and SQQQ. I would be very happy with real performance similar to that which grahamgk has achieved in virtual trading for 2010. Any suggestions?

MAB

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Cone

#4
Virtual trading is a manual affair - there's no requirement for anyone to use code for their trading. And if they do, it's rather uncommon for anyone to give away a trading strategy that's currently working.

If you want to trade someone else's strategy:
1. Use Wealth-Lab's Rankings tool to find one that works for you, or,
2. if you don't want to do the legwork, try subscribing to a strategy on collective2.com.
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probono

#5
Please excuse me if I have seemed to be attempting to avoid "legwork" or the like. I am simply trying to make quick work of my appraisal of your software and the kind of support that is available. I am a Fidelity customer... not that it matters except the software is free given my level of trading. If this becomes too much of an easter egg hunt for the info and goodies I will just not use the software. Referring me to a strategy service vendor is... are you a representative of WL? If you have any ideas about how to expidite this process either way, let me know.
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Cone

#6
I work for MS123. We run the site and can help you use Wealth-Lab software, but we don't try to sell you strategies or pretent that there's a holy grail for you to use. Wealth-Lab is a platform for you to develop and trade your own trading strategies that fit your trading/investing style, risk, objectives, etc. These are different for everyone, so no one-fits-all solution.

Strategies provided in the installation are ideas and examples that you can use in your own Strategy development, and some may "work" right out of the box. Still you have to determine which symbols or DataSet to trade them on and what Position Sizing method is best for you. The Rankings tool can help with this.

I just want to be clear that if you want someone else's working Strategy, you definitely should skip all the above and go directly to Collective2. Plenty of Wealth-Lab customers have spent years of work developing Strategies, and some are sold there. Collective2 is not a competitor, and if you don't want to use all the great tools that Fidelity provides you with Wealth-Lab, ok.
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probono

#7
I am... certain that you underestimate and misunderstand my intentions and interests.
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