Thanks steve101 -- my question is whether his published track
record is based on numbers that a trader could really get or not.
If he puts out the signal a couple hours after the close and bases
the record on that price when no one could get it I have a problem
with knowing how much of his performance is "real."
Posted by steve101 on 11th of Oct 2011 at 04:05 pm
He posted a study on that a while ago. He uses the closing price
on the day of the call, just like the Decision Moose guy does. And
he showed that getting in the next days open (since 2003 if memory
serves), gets you in on average better than 1% over entering on the
day of the call. You can do better than that with the approach that
I use. I have..
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Thanks steve101 -- my question
lol....Marco going long now.....
Posted by bkout3 on 11th of Oct 2011 at 04:01 pm
Thanks steve101 -- my question is whether his published track record is based on numbers that a trader could really get or not. If he puts out the signal a couple hours after the close and bases the record on that price when no one could get it I have a problem with knowing how much of his performance is "real."
He posted a study on that a while ago
Posted by steve101 on 11th of Oct 2011 at 04:05 pm
He posted a study on that a while ago. He uses the closing price on the day of the call, just like the Decision Moose guy does. And he showed that getting in the next days open (since 2003 if memory serves), gets you in on average better than 1% over entering on the day of the call. You can do better than that with the approach that I use. I have..