What's the best back testing program?

[RedDuke]

t

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unless you have some real edge like HFT you are 100 fcking feet closer to the exchange than the next guy, you have no edge... just temporary patterns that all the other guys will find out eventually, that is IF you get there before them other guys.

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and again the only thing that I don't have is a seat in their secret meeting when to start a shake up campaign that's why I cannot foresee when the correction comes, but once it does occur you see my reads in the past weeks have been spot on!

Tell it to Jim Simmons and his colleagues running Medallion. While we are no where near them, not even close, following their footsteps so to speak, and got some confirmations from the book. Some things in the book can only be grasped by those who doing it.

Like I said, your whole style depends on 1 pattern you discovered, and you hope it will continue.

There is a difference between us.

 

[dozu888]

Tell it to Jim Simmons and his colleagues running Medallion. While we are no where near them, not even close, following their footsteps so to speak, and got some confirmations from the book. Some things in the book can only be grasped by those who doing it.

Like I said, your whole style depends on 1 pattern you discovered, and you hope it will continue.

There is a difference between us.

sure he might have smarter people working for him so they get a step ahead of other people, or he may just be another example of my 1000 monkey theory.

 

[MKTrader]

For those who believe there always be new all time highs, there will be, but what happens if that takes more than 20 years to happen? Remember when Gold topped 900 in 1980? I believe it was 2008 when Gold exceeded 1980 highs. Yep all time new highs after 28 years, in between Gold dropped to 260's, can you imagine holding on that long and watching bottom line that big of a dump and you start thinking of retirement?

It happened to U.S. stocks in the Great Depression/WWII era. It took about 25 years for the Dow to fully recover. Stocks paid much higher dividends back then, though, so you would've recovered much earlier that 25 years based on dividends, but still, it was a long, stagnant period.

Japan's Nikkei topped in 1989 and still hasn't recovered. Most people say we're different and that can't happen here, but who knows? Japan's market had crazy high valuations, though...even worse than ours before the dot-com crash or a few months ago before the coronavirus crash. We're also a considerably bigger player in the global economy (though Japan is no slouch), so there are clear differences. But could we have a period of 10, 15 even 20+ years where the indexes don't fully recover from a crash? It's certainly possible. I think it's likely we'd reach new highs first, though. The current crash is more of an externality and the gov't and Fed are doing everything they can to prevent a long recession/crash (as they've been doing since the late 80s but especially since 2008).

 

[MKTrader]

Tell it to Jim Simmons and his colleagues running Medallion. While we are no where near them, not even close, following their footsteps so to speak, and got some confirmations from the book. Some things in the book can only be grasped by those who doing it.

Like I said, your whole style depends on 1 pattern you discovered, and you hope it will continue.

There is a difference between us.

Last I heard, Simons wasn't having a good year.

 

[RedDuke]

Last I heard, Simons wasn't having a good year.

In the funds where public is allowed. He said it himself more than few times, that those funds are nothing like medalion, but people obviously did not listen.