Quote from CaroKann:
since the number of trades is different between my method, walther's times, and the random times, i am posting the results as a per-trade P/L.
results for 05/27/2003 thru 06/06/2003 :
BASELINE (my method):
-0.17 per trade. i had a loss over this period.
RANDOM:
-0.84 per trade.
WALTHER's times:
-0.53 per trade.
if i use his times as a filter for entering my own trades, i get
-5.75 ES points for -1.91 per trade (yes, only 3 trades entered)
in short, his entry times were worse than mine, but better than random..
note: the sample size is quite small. i'll probably collect more data as long as he posts SP500 times, and compare again later.