What is Pretty Good to You?
Posted: Fri Jun 13, 2008 2:31 pm
Ed Seykota recently made an interesting post on his site:
"A [MAR ratio] of 1.0 is pretty good, better by far than the one you get by buy-and-hold on S&P. People who claim much larger ones such as 2.0 and up don't usually make that claim for long."
This comes from a guy who has been trend following, professionally, since the 1970s. His opinion would also seem to be supported by the results reported at the iasg.com site.
Do the real-time results of TB users bear this out? Or is Ed's assessment more accurate? For what it is worth, my personal results are far closer to Ed's, though currently I do not trade a fully diversified portfolio.
"A [MAR ratio] of 1.0 is pretty good, better by far than the one you get by buy-and-hold on S&P. People who claim much larger ones such as 2.0 and up don't usually make that claim for long."
This comes from a guy who has been trend following, professionally, since the 1970s. His opinion would also seem to be supported by the results reported at the iasg.com site.
Do the real-time results of TB users bear this out? Or is Ed's assessment more accurate? For what it is worth, my personal results are far closer to Ed's, though currently I do not trade a fully diversified portfolio.