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It seemed an interesting idea to look to see how System 5 performed based on the day of the week...
It seemed an interesting idea to look to see how System 5 performed based on the day of the week...
System 5 had another good day on Wednesday with around 18 points and Friday with 12 points profit although it has had a couple of losing days as well.
The system it is up 135 points month (20/07/2013).
Check out all the results here (opens in a new window)
Check out all the results here (opens in a new window)
Anyway I had this feeling that today (Saturday) was not going to be that good…Why?
Because I have been running some tests using the SPB System Builder using the “Days of the Week” feature and Tuesdays and Saturdays are both losing days.
Here are the two Graphs (The date is when I took the screenshot).
As you can see both Tuesday and Friday have shown a consistent loss.
It hard to tell if this will continue because with just one or two big winners both days could turn out to be profitable but the evidence so far says otherwise.
Another thing is leaving those two days out adds another 100 points profit to the overall results and 14 points for this month.
The best day is Monday…
Monday has been the most consistent day overall and on it's own has added 208 points to the bank to date.
And shown an amazing ROI (Return on Investment) of 53.33% just for that one day.
Here is the graph from the SPB System Developer.
It will be interesting to see going forward if Monday continues to do consistently better.
The problem is that I can not see a logical reason for why Mondays are better than any other day and I suspect over time each day will even out.
Although as I have always disliked Saturdays so I could easily be tempted to leave them alone.
Watch out for a new report next week that shows how this system could be even more profitable with a couple of tweaks (including this one) to the selection process.
They take the overall profit of the system from 581 points to 708 points :)
Here is how it looks...
Amazing what you can do with the SPB System Builder.
System 5 is a bonus (yep a bonus) for all Grey Horse Bot subscribers.
Thank you for reading.
Malcolm