Hit and run strategy

Have you ever found a strategy/edge/alpha just by luck or had just a simple idea (like in the shower) and it just worked out? I had some strange idea under the shower which could not be backtested as it needs many correlations to sentiment which is notoriously hard to backtest. But as far as I tested it it seems to work. Only spent 2 months testing it so far 'thou. Wonder if you ever had that.
 
Have you ever found a strategy/edge/alpha just by luck or had just a simple idea (like in the shower) and it just worked out? I had some strange idea under the shower which could not be backtested as it needs many correlations to sentiment which is notoriously hard to backtest. But as far as I tested it it seems to work. Only spent 2 months testing it so far 'thou. Wonder if you ever had that.
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SURE, since some of the best things in life are simple, in most any business.
But like John Trend follower Henry said, what some call'' luck'' I call a small sample.
Some things are so simple , but work so well,really have to experience results to believe the results like;
Mrs. Meyers snapped ''PUT your shopping cart up when you are thru'' Maybe even more important now with our tight labor market.:caution::caution:
 
I've been trading a strategy that I dreamed up last September. It's a short term day trading strategy relying on some things which make it impossible to backtest.

It was working wonderfully until May after which it flattened out and then today I had my butt kicked with its worst day ever. Here is the cumulative % PNL since inception:

upload_2023-7-31_15-58-0.png


Without a backtest to compare against its very hard for me to have the confidence to jump back in tomorrow. Maybe I will continue at 1/10th the size and see if it comes back to life.
 
I've been trading a strategy that I dreamed up last September. It's a short term day trading strategy relying on some things which make it impossible to backtest.

It was working wonderfully until May after which it flattened out and then today I had my butt kicked with its worst day ever. Here is the cumulative % PNL since inception:

View attachment 319937

Without a backtest to compare against its very hard for me to have the confidence to jump back in tomorrow. Maybe I will continue at 1/10th the size and see if it comes back to life.

what u traded today that got ur butt kick? crypto, stonks, futes or what?
 
this strategy is just stocks

what stocks u traded that got your butt kicked today?

i missed an earning play on one of my stock that had earning after hour today. it pops 12% after hour. oh well...onward to the next earning play.
 
what stocks u traded that got your butt kicked today?

i missed an earning play on one of my stock that had earning after hour today. it pops 12% after hour. oh well...onward to the next earning play.
ON Semiconductor
 
what stocks u traded that got your butt kicked today?

i missed an earning play on one of my stock that had earning after hour today. it pops 12% after hour. oh well...onward to the next earning play.
which stock were you looking at after hours?
 
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