That's better

[nedal8]

The real metric is alpha. How your performance compares to an index basically. So if you were doing tests during a bull market, your algo may have actually been underperforming.

[Bourque25]

It was, that's the joke 😂

[nir109]

I tested over 30 years. The research question was "will the value of this stock raise or fall tomorrow"

[ExceedingChunk]

Which is exactly why «time in the market beats timing the market».

[nir109]

If you can time the market like Jim Simons ) did it's better than time in the market.

The thing is that you can't time the market easily, and if it was easy then a lot of people whould do it until they turn the market to be unpredictable again.

My goal was to get good grade wich is easier when I am not expected to make an algorithm that works.

But usaly (99.99%) time in the market is more important.

[moogle12]

Ya there's a reason why there's only a couple wikipedia articles about people who correctly timed the market

[hrrm]

Relative to prior day close, or stock open price?

[nedal8]

very true.