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"IMO, if you can't beat B&H, why subject yourself to the emotional
stress of trading?"
Yuki,
do you really mean it ?
I would be more than happy if I was following B&H from 1997-2000 and
then make a double from 2000-2003, when B&H went fishing.
Take a closer look at
http://groups.yahoo.com/group/amibroker/message/56593
and, perhaps, you will agree.
It is obvious that we never know when the B&H will turn against us.
This is a great reason to expose ourselves to the "emotional
stress of trading" and I think you know it very well...
Dimitris Tsokakis
--- In amibroker@xxxxxxxxxxxxxxx, Yuki Taga <yukitaga@xxxx> wrote:
> Hi Herman,
>
> Tuesday, January 13, 2004, 2:51:28 PM, you wrote:
>
> Hv> Suppose your Portfolio trading system gives you 100% over the
> Hv> last year, how does one determine how good this is considering
> Hv> that many stocks went up that much? Are there any stats that
deal
> Hv> with this comparison? thanks for any suggestions, herman.
>
> IMO, if you can't beat B&H, why subject yourself to the emotional
> stress of trading? That said, I did not beat B&H last year for
sure.
> However, on a risk-adjusted basis I walloped B&H -- but on an
> absolute basis, B&H beat me like a red-headed step child.
Regardless,
> I'm not complaining one little bit. ^_-
>
> The answer to your question, in my mind, is at least twofold: 1) one
> year is not enough to determine the "goodness" of a system -- not
> enough at all unless, by gosh and golly, it *did* beat B&H during
> that year, and B&H had a great year, and 2) if your portfolio
trading
> system DID return 100 percent last year, why in hell (excusez-moi,
> mais la langue française est partout de nos jours) would you care
one
> little Tootsie Pop about anyone's subjective opinion about the
> "goodness", or otherwise, of your system?
>
> If you have to ask if 100 percent is any good, you in da wrong biz,
> boy!
>
> ^^_^^
>
> Yuki
>
> P.S. Many stocks did NOT go up that much, too. The major averages
> didn't come even near that number. You did 100 percent? You da
man,
> sorry. ^_-
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