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Hi,
Im just getting into equity curves - what a great concept!.
Many thanks all who have contributed. Unfortunately my coding skills
are not good enough for me to contribute - I wish!
When looking at a curve I not only ask how good (bad!) is my system but
how does it compare with say buy and hold, or investing in bonds at a
fixed %. After all its not much point buying and selling like crazy if
it doesn't beat the average.
Does anyone think it would be useful to superimpose such a line over
the equity curve?
I suppose this could be done by starting with initial equity and
growing it in line with the all ordinaries index to show relative
performance. Another way would be to use initial equity and compound at
a chosen % again comparing with the equity curve.
Needless to say I don't know how to do this. If ive got the wrong idea
about the curves I would also appreciate guidance.
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