Long short game

nooby_mcnoob · Jan 17, 2020

Bored/drunk/took a long nap this afternoon so I am not sleepy. Let's all do this:

https://longshortgame.com

Rules:

1. Create an account on the site
2. Do 100 rounds of trading
3. Post results in this thread
4. Repeat
5. Self-immolate at the fact that you are not any better than random

schizo · Jan 17, 2020

This is silly. I thought it would be like real trading.

nooby_mcnoob · Jan 17, 2020

Btw the reason I said to do 100 rounds is because there is no way any of you will make it to 100 rounds without losing all your money unless you never make a trade.

nooby_mcnoob · Jan 17, 2020

schizo said:
View attachment 217148

This is silly. I thought it would be like real trading.

What's silly? Do 100 rounds.

schizo · Jan 17, 2020

nooby_mcnoob said:
What's silly? Do 100 rounds.

I did about 70 so far. I went LONG only and managed to get about 60 correct. So in conclusion, stick only to LONG and you'll survive.

dozu888 · Jan 17, 2020

PERFECT

this will prove my point... technical analysis and/or price action is worthless without the context.

trade the PEOPLE, not the chart!

dozu888 · Jan 17, 2020

does it say from which period?

like if it's after 2009 then you have long side bias.

nooby_mcnoob · Jan 17, 2020

schizo said:
I did about 70 so far. I went LONG only and managed to get about 60 correct. So in conclusion, stick only to LONG and you'll survive.

Screenshot or it didn't happen. This was obviously the first thing I tried multiple times. It didn't work.

dozu888 said:
does it say from which period?

like if it's after 2009 then you have long side bias.

I've seen data going back to 2000

nooby_mcnoob · Jan 17, 2020

dozu888 said:
PERFECT

this will prove my point... technical analysis and/or price action is worthless without the context.

trade the PEOPLE, not the chart!

schizo said:
I did about 70 so far. I went LONG only and managed to get about 60 correct. So in conclusion, stick only to LONG and you'll survive.

I stand corrected, I must have done something wrong. Long only results:

But the test itself is biased since it uses "popular US stocks", but not stocks popular _at that time_ like pets.com.

Overnight · Jan 17, 2020

schizo said:
View attachment 217148

This is silly. I thought it would be like real trading.

Fascinating. You went long in 2003 and are +12% now. That's how much growth per year? Weirdness.