Performance History of Popular Longerterm Stock Trading/Investing Strategies

[xandman]

What fascinated me is the CANSLIM numbers. It is one of the classic methods that I never delved into.

Interesting to note, it's popularity led to revisions that made the performance worse. Perhaps, it's coincidental to the time frame chosen. I think not. I think it is a case of over fitting to the popular themes at the time of revision.

Btw, the first edition is $.01 used in Amazon. A likely collectible. I also found the 1987 Cox and Rubinstein for $20. Leather bound and most likely smells of Oak and 18 year old scotch.

 

[southall]

Let's see - I recall at the start of 2001, S&P was at around 1300, lets make it 1350 for safety, while Fridays close it was 2259.53. Taking the most conservative method of calculating the rate, i.e. continuous compounding, ln(2259.53/1350)/7 is gonna give you 7.3%. That it price return, total return (dividends reinvested) will be probably in the 9 and some pennies range. If they can't calculate a return of an index over a period, how could you trust them to do anything?

Why are you dividing by 7?
It has been 16 years since start of 2001.
If S&P 500 was 1350 in 2001, then being 2259 now is a 3% return on just the price part during that period.

 

[sle]

Why are you dividing by 7?
It has been 16 years since start of 2001.
If S&P 500 was 1350 in 2001, then being 2259 now is a 3% return on just the price part during that period.

Oops. Must have gotten distracted while doing the calc in my head.

 

[Trading Education Buyer]

Correct.

Most of the day traders in ET make 10% a month, they all start with 2K account with a bucket shop, triple their money in a year. They all become millionaires in 6 years time.

They no need to have any college degree,no need to know the real Math or Quant skills. They learn their skills from internet and with so called trading guru that offers the course for 5K, some of the skills are like cut your loss quick, let your winners run, looking at the 5 min chart and price actions and make up the story why the chart move up or down, volume, market depth theory, set their target and stop loss on some imaginary support/resistance, trade the system without emotion, use the golden money management technique like don't risk more than 2% or .. They all are genius !!

Even the real George Sorros hangs out here , real traders need 3$ an hour asrseheads to start threads "forex is great , you suckers reading should trade forex with buckets shops paying my $3 for 50 posts or rebate broker sending goons to say "Day trading is great " , we pay rebates if get suckers day trading.

You have all the real traders calling themselvers TRADER , MIT TRADER (mohamed islam trader M I T)

http://www.dailymail.co.uk/news/art...g-pushed-pushed-reporter-finally-gave-in.html

 

[Trading Education Buyer]

You forgot to add 'The trend is your friend' to that list.
And 2% risk is for Pussies.. Elite Traders like to use the max risk our margin will allow us, that is how we make 100%+ returns.

Yeah you forgot to add the $4500 course fees as a overhead paiid by for trend following MSC DEGREE