January Effect (Back-Tested)

I am just continuing from one of the posts I saw here.
Here are the back-tested results for the so called "January Effect".

Strategy:
1. Take the January high after the month ends.
2. In any of the following calender months, if the market manages to give a monthly close above this high, enter into a long position for the rest of the calender year.

I have also included the results for the January Effect on the short side.

Comments Welcome!

This is frustrating, man!
130 views and no comments.
Seniors, please!
Shed some light on how this simple strategy can be improved upon.

i can only say GOOD observation :clapping::clapping::clapping:

Hi BBI
Couldnt get what you want to add, to the original January effect thread.

Good observation bigbull.Somewhat similar observation here
http://www.traderji.com/advanced-trading-strategies/48912-real-magical-strategy-you.html

My bad.
I know I should have looked through the forum before posting a similar thread.
Anyway, now you guys have two.

If you didnt see the original thread (posted by calic #5) then which post you saw and thought to continue

I didn't mean to say here.
I actually didn't remember where i had seen it.
Now I see that it WAS HERE.

Hmm..no stoploss.

I wonder if someone (especially a trader) had enough faith in the strategy to go long at 5350 in Feb 2012 and sit through NF hitting 4800 in Jun 2012. Although the strategy's track-record's not bad!

Maybe, you should also include in your calculations the maximum draw-down (in % terms) for a particular year. For instance, in 2012 it was ~12%.

Then what do you meant by this here in your post #1.
And now, you just forgot in one day
Very Good Memory, you have got!!!!! :clap: