A simple, yet effective trading strategy

Of course, if started in 2000. What if starts in 2021, what will be the return?

 

I don't think Soy meant that he loved cumulative returns... but some sort of fetish of backward XXX.

 

First 9 days of 2023 with SPY = +6.63
6.63/387=.017=1.7%
***Start with buy @ close last day of Dec. 2022.
***387 = average price of SPY for 1st 9 days.

 

Huh??? What is Rickshaw's thesis?

 

each to their own...

 

Good lord, I did not realize he kept posting the same blowhard NYT article for that many years.

 

The Midnight Rally Crew strikes again.

 

Long Volatility at the close. Sell Volatility at the open works better on most days.
The market settles down after about 10:30 am and Bid/Ask spreads usually get tighter throughout the day.