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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Mathemagician who wrote (54561)11/2/2003 11:01:53 AM
From: Bridge Player  Read Replies (1) | Respond to of 54805
 
<< I write price-based trading systems for a living.>>

What a fascinating job. Your comment intrigues me immensely.

Within the limitations of what it is that you can tell us, do tell us more if you can. Questions that immediately come to mind to me are:

Do you market these to the public? Are you paid by an employer to do this? If so where does your employer fit in the financial world? Do you use any of these systems yourself? Have any of them proven successful over both bull and bear markets? Do users of these systems get to see their "innards" or are they strictly "black-box"? Are these computerized systems only or described and based in words?

Eager, open minds await <g>.



To: Mathemagician who wrote (54561)11/2/2003 6:46:16 PM
From: Stock Farmer  Read Replies (1) | Respond to of 54805
 
(nearly) impossible to accurately backtest a discretionary trading system.

Interesting similarity. I wouldn't say that the Gorilla game hasn't been back-tested so much as that it's design was flawed from the same fallacy that allows us to draw perfect trendlines in retrospect. That and a selection bias. It's all well and good to discuss MSFT, but what of all the other OS and middleware and application and games companies that bit the dust along the way?

In other words, it was not designed for a bear market and as soon as a bear market became evident, one should have liquidated all gorillas and discontinued the GG until a bull resumed.

Wow! I was nearly hounded off this thread for having the audacity to suggest such a thing a few years ago. Back then, according to the elite few, "Market Timing" suggestions for improving the Gorilla Game as an investment strategy had no place in what was a LTB&H oriented forum... lol... where's hindsight when you need it? <ggg>

So no, I don't think you are babbling. Not at all.