10% success rate is better than 60% success rate?

Discussion in 'Strategy Building' started by botpro, Mar 10, 2016.

10% success rate is better than 60% success rate?

  1. No

  2. Yes

Results are only viewable after voting.
  1. botpro

    botpro

    Like dtrader98 already showed,
    each time just invert the prediction of the poor 10% strategy, then you will be correct 90% of the time.
    And of course 90% is better than the 60% of the other strategy.
    Simple maths & logic, folks... ;-)

    Yes, a strategy that has a 10% success rate is indeed better than another strategy that has 60% success rate.
    One just needs to invert the predictions of the poor strategy: if it predicts that tomorrow will be an UP day, then you take exactly the opposite (ie. DOWN), and vice-versa...
    If you apply this logic then you will be right in 90% of all the cases.

    The result of the voting up until now is very poor: only 1 of the 5 voters has it correct... ;-)
     
    Last edited: Mar 11, 2016
    #11     Mar 11, 2016
  2. samuel11

    samuel11

    are you curve-fitting?
     
    #12     Mar 11, 2016
  3. botpro

    botpro

    nope
     
    #13     Mar 11, 2016
  4. Are you getting paid to open new threads?

    A real trader wouldn't even bother to answer your question as it is stupid.

    What color of shoes should you wear to make more profits? And would it help to take two left shoes?
     
    #14     Mar 11, 2016
  5. botpro

    botpro

    No, I don't get paid for opening new threads or posting.
    I just wanted to test the intelligence of the "experts" here ;-)

    Because you failed to find the right answer?

    Sorry to say that, but you unfortunately don't understand the simple but very important maths behind it. Maybe one day you will, I hope so for you.
     
    #15     Mar 11, 2016
  6. samuel11

    samuel11

    so much arrogance for someone who has never made any money trading... The market will humble you very quickly
     
    #16     Mar 11, 2016
    i am nobody and OddTrader like this.
  7. #17     Mar 11, 2016
  8. botpro

    botpro

    FYI: I'm in the markets since about the year 2000... ;-) Mostly stocks trading. Since about 5 years also long options of stocks.
    And only since recently also short options (ie. selling of options), but with options selling still no practical experience yet, still learning hedging etc.
    But been only a hobbyist trader because my real profession has been a software developer all the time (low level programming in C++, Client/Server network programming etc.).
    I know, unfortunately... ;-)
    One has to learn maths to beat that market monster... ;-)
     
    Last edited: Mar 11, 2016
    #18     Mar 11, 2016
  9. newwurldmn

    newwurldmn

    #19     Mar 11, 2016
    botpro likes this.
  10. No wonder!

     
    #20     Mar 11, 2016