There's an inherent ubiquitous nature to the strategy. Kinda like the golden ratio or the elliott wave theory. They've been published and are ubiquitous but they still occur in charts.
But I understand that once the algos know about the strategy, it becomes targeted to oblivion. So maybe I need to muster out the strength and use it without publishing its source.
It's also good to be skeptical about the backtesting itself, there are lots of ways for backtesting to overestimate gains and then you'd lose real money. Don't bet the farm (yet!)
My old man is in his 80s. I run a small brick & mortar business. I figured I'd bring him in and keep him busy -- do him a favor and perhaps help slow down his cognitive decline. But it turns out I was the one who needed him around. He's meticulous with the bookkeeping and really good at crunching numbers with pen & paper. It dawned on me... they don't make people like this anymore...
Slightly OT, but my opinion is they do still make people like this, our businesses just don't demand high-quality work as consistently as they used to, particularly for the kinds of work where software is marketed as the solution (across many functions).
I think it's more like software is able to handle the cognitive dissonance of managing years of a company's books and seeing in plain numbers that they don't make any money and are just burning investor cash until the party ends.
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