Do automated strategies that can generate consistent profits really exist? worth?

Do automated strategies that can generate consistent profits really exist? value ?

Yes, the obvious one is the trend following system the Turtle Traders used, where you buy when the stock has reached an all time high.

The reason that trend following strategy hasn't caught on with hedge funds is you have to deal with potential drawdowns in monthly returns, which will cause investors to bail.

But if you are an individual investor who can ride out the drawdown (of say buying Nvidia at its all time high of $140.76), that simple strategy is net profitable.
 
Usually when it is a disagreement,
we who are doing quantitativer must define the concept.
The stable profit comparison object is the benchmark "risk-free rate" of the same period.
 
It is not that simple.
Backtesting may "cater" to the market.

So professionals will propose "double-blind" testing to prevent this.
Blind selection of time periods ;
Blind selection main contracts.
This harsh destructive test must be carried out.
This is just the first step...

this AI bot needs more work.

you fail the Turing test.
 
have stratigia

that file you go first

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