Stockpulse is said to predict where the markets go in 2 days with 80% correlation

Discussion in 'Trading' started by bankroll, May 1, 2014.

  1. how much do they charge for the service?
    if not, does it mean they'd rather make money out of their technology?
     
  2. ronblack

    ronblack

    05/02/2014: Signals Total: 100
    Correct: 61 | Not correct: 39

    If you do the math, the performance is negative. To start with, retailers cannot trade 100 signals. Then if the 39 not correct lost twice as much then this is a losing proposition.

    If someone offers 100 on the average per day, the win rate must be > 95% to profit choosing one or two randomly. This is no different from monkeys throwing darts at newspaper stock quotes.
     
  3. Money management?

    For some a 60% to 40% win ratio is more than enough.
     
  4. Lucrum

    Lucrum

    As I recall those monkeys beat the averages.

    :)
     
  5. Yep, and some of them are doing quite good from what I've heard...

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