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James
Just my opinion, but for the last bull market (17 years), a chimp could have
made money using a buy and hold approach. <G>
Again, just my opinion. Now artistry comes into play, in turning trades
into losers during this period.
Regards
Guy
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of James Sun
Sent: Wednesday, March 31, 1999 11:22 AM
To: metastock@xxxxxxxxxxxxx
Subject: Is it just me?
All -
I'm a new MetaStock user and find this list to be extremely helpful as I try
to digest the program. One newbie question -- In the past few days, I've
created a handful of simple systems to test (crossing M/A and M/A
penetration for entry condition with and w/o trending ADX as filter) with
max loss stops. Pretty simple stuff -- but, none of the systems I've looked
at so far beat buy-and-hold. Now granted I haven't run the tests of lots of
stocks, but is the Buffet method of long-term buy and hold really the only
game in town?
Still struggling,
James
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