Covestor Top 10 and Bottom 10 Clients

Quote from jsp326:

What's the old expresssion...."In God we trust...everyone else must have data"?

Any tax returns, account statements, etc. for Prof? Every vendor and their grandmother claims to be a millionaire, have multiple yachts and houses, etc. His claims are no different. If you're going to prove this, account statements would be a must since there are non-trading ways to accumulate millions (including inheritance).

Validity of his model? Again, an audited verification of his real-time results or kindly get the hell out with those claims.

Waiting for the attachments (or not)...

Bill's a friend on facebook. His house is quite large.
 
Quote from jsp326:

No backtest or any real idea what happens when you combine two systems, but heck, let's go live with this baby...and hope others pay to join us.

You go, girl!

Well I did one a couple months ago. Drawdown was halved, but I haven't looked at the backtest since then. I have my price physics model optimized on NQ to help with my pairs trading, and it was enough for me to see two stops of 7% on QID consecutively taken out of the backtest. This was enough for me to see that it was very robust.

Let's see, one system makes 3,300%, one makes 3,100%. Combine the two? Do you really think that that wouldn't be effective? Come on! How much strategy development have you ever done jsp? Where's your strategies? I don't produce statistics for the fun of it. Analysis is very much a part of my quantitative strategies, and if it isn't obvious from the research whether it works or not it should and will be in the very near future.
 
Quote from denner:



Weirdinsky would have a captive audience if he just settled on something mundane and consistent, but since he's some deluded 20-something, he thinks that he'll be the next "Market Wizard". He simply isn't mature enough to be working in this profession. I think that it's a good thing he's only experimenting with this stuff on paper or he'd be in some big trouble if he had investors money in there.

You're very immature, Denner, not me. I've been a representative my entire working life, and before that managed an investment club...profitably.

There's nothing delusional about knowing how well your models work versus the buy and hold option, and there isn't any comparison at all if you look at any instruments that I have ever traded. They've all gone down 90%.
 
I stumbled upon this thread on a google search.

Let's look at the performance since inception at covestor shall we...

In 18 months you are up 7.6% with a Max DD of 20%.

On your way to that $500,000!!!

Epic man. Epic. :p

p.s. backtesting doesn't mean crap. I backtested a system that would have returned 100x your invested capital in 8 years (2004-2012). Doesn't mean it will work at all in the future.
 
Quote from pistolpt:

I stumbled upon this thread on a google search.

Let's look at the performance since inception at covestor shall we...

In 18 months you are up 7.6% with a Max DD of 20%.

On your way to that $500,000!!!

Epic man. Epic. :p

p.s. backtesting doesn't mean crap. I backtested a system that would have returned 100x your invested capital in 8 years (2004-2012). Doesn't mean it will work at all in the future.

Live testing or it doesn't mean shit. You test strategies with live trading using small size first. Back testing is a joke. Maybe to brainstorm if anything.
 
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