To make the point that the first stock selection was not a fluke, I did the same test with a different group of stocks. The same selection method: again 43 stocks being view and analyzed by WL members at the time. The same script as used in the first test was used. The performance results follow:
What I would like to emphasis are the trading statistics. The average profit compared to the average loss is definitely to the trader's advantage. The script seems to have more than a tendency to let the profits run while limiting the losses. And the average loss per trade is more than tolerable in this trading scenario. We all have seen a lot worst!
Here are the charts generated from the old Wealth-Lab 4 site:
Created on ... April 22, 2011 © Guy R. Fleury. All rights reserved.