Why not just trade the IBD CANSLIM method? O'Neil's results are proven and two of his students have won top prizes in US investment challenges. IMO, the "M" in his method is what will yield superior returns. The current "M" environment is very difficult to achieve 100% plus annual rates of return. Patience!
Then why does it continuously go back to sounding like one? (having the effect of obscuring the conversation about method...) Every so often a post pops out and I think to myself "oh-oh - here comes the sell again. What's this guy selling?" Certainly you are promoting your list and very strongly... Natalie
The best part is when you click on the link to your Yahoo site from this thread, and find this link which sends you back to this thread, from which you can again click the Yahoo link, ad infinitum. Now I know the fun that dogs who chase their own tails have!
"I've been using my model for 12 years now and have beaten the market averages in each of those 12 years. I have not read about a money manager, or hedge fund manager with this track record." It is not about beating the market, it is about making return constantly. I know a fund that made 18% on average over the last twelve years who never experienced a draw down bigger than 3%. I do not care about any index. My task is to make money. Constantly. This is the game of sophisticated investment. What you are refering to is the mutual fund industry and, yes, in that arena you might be king. It is very different in the alternative investment scene. And even if you were king - why yell into the face of everybody around that you are better than them? In fact I do not want to judge your attractivity but you look like a sympathetic person, so why don't you come down from that big horse, be decent and talk to us not as god speaking to his children but from trader to trader? peace
I do get the impression that his "huge" routine is basically a self-mockery that he uses just to have fun with the whole game (which others have pointed out in other threads can, even when it is profitable, become a fairly dull business). Along with his "bring me your meats and cheeses" shtick. Think of it as him parodying shameless self-promoters. The fact that he repeats the word "huge" in most of his posts is no more significant than nitro repeating "nitro" in his posts or you repeating "peace" in yours.
My team is currently very busy testing other stuff, but I would like to test the whole thing. I have complete fundamental data on SP1500 stocks since 1998. I will have to organize historic earnings forecasts. Then we can test this strategy and variations. Maybe we can gather some ideas on such a thing. Maybe we start a thread dedicated to such a project. As I said in earlier posts I would be very much interested in a market neutral approach, thus we need to cover the short side. I would prefer using single stocks to using futures. Would anybody be interested in such a venture? peace
Yes, but this is the first time I recall finding an endless "rotary" on the information superhighway.
Yup. I just love backtests. Wish I had a dataset like yours! First idea: just ignore the earnings forecasts for now, if they are not included. [edit]SP1500 might be a bit smallish though, I pick my stocks from the 8000+ Moneycentral universe. Still, I like the idea very much![/edit] Regards, Karel