Sorry forgot the benchmark: (Start date: January 30th 2006) Model: +5.2% S&P 500: +1.68% Also keep in mind that Marketocracy takes out 50 bucks a day from the hypothetical fund as a management fee to create a highly realistic experience for a mutual fund. Not that big of a deal but trying to present a transparent performance result here.
A friend of mine had a domain which was not being used so I decided to put information regarding the model on the website for easy to use reference. www.aeroscapital.com Of course discussion of the strategy will continue in this thread. Hope this is helpful.
March returns: Model: +5.84% S&P500: +0.42% Since start of journal: Model: +9.60% S&P500: +0.86% April list posted on http://www.aeroscapital.com Note: View website for description regarding the calculation of performance figures.
Congratulation. I followed a similar method but with less success. Will try to understand the difference.
Are you seeing much slippage from the opening price? $100K/position can be a bit much to load right at the open on some of those picks.
Yes some slippage has occured. Net of all expenses based on Marketocracy's simulator (which is pretty good) the total return has been 8.1%. I went live with this strategy this month and didn't experience any slippage today. Of course my trade size was significantly less than a 100K each trade .
Yes. Keep in mind those are also automated models as well. I do happen to place few short term swing trades as well. However, those focus exclusively in the FX markets. BTW guys keep on throwing out ideas and opinions you may have.