2023年11月30日星期四

The F U Heard Around the World

The F U Heard Around the World

Corona Del Mar, CA

 

Howdy !

I normally don't tune into CNBC, but this clip was worth it.

 

Elon basically told Bob Iger at Disney to go F himself for blackmailing Twitter.

 

They demand the new Twitter becomes the old Twitter, or else.

Having Twitter/X open to free speech is like sunlight to Dracula for the current overlords of our crazy society.

 

It's good to have F U money isn't it?

 

Anyhoo...this is a trading newsletter, so let's talk about making F U money.

 

We'll start with an ironic trading strategy, then we'll circle around to trading Disney and Tesla.

 

Since we found gold using BlackRock mispricing data to predict a massive range of instruments, I figured "hey, wouldn't it be ironic if we could use BlackRock mispricing data to predict BlackRock's stock?"

 

I pulled up a template, entered a few symbols, and pressed Start.

 

The Boss is even faster now, so I had results in about 15 minutes.

 

Unfortunately, no dice.

 

No edge.

 

You can tell at a glance. The brown line and orange lines are far apart. That means the test has failed and is over-fitting to the past. So you throw it out. Simple as that.

 

Would you rather have a beautiful backtest or make money?

At a glance, you can see that both Disney and Tesla have the same problems.

During a live training last week, I created this NVDA/QID pair (long NVDA, inverse NASDAQ 100) with an 85% annual growth rate.

 

It passed the first test with flying colors. The two lines are right next to each other, signaling the trading rules worked on the hidden data.

If you're not hiding data from the computer for verification, you WILL lose money. I guarantee it.

 

Most people build trading models incorrectly...

 

...even when using out of sample verification!

 

That's why I've developed and put to work SOOS (Super out of sample) verification.

 

That's also why I've decided to give you free access to my 2024 Guide to Building Perfect Trading Strategies!

 

I was going to charge for it, but decided to give it away to salt of the earth folks like yourself. Merry Christmas.

 

Here's what's inside:

  1. Think Traditional Trading Strategies Always Win? Think Again Discover the revolutionary approach to AI-driven trading in 2024 that's turning the old-school methods on their head.

  2. The Secret to Outsmarting Over-fitting: More Than Just Code – Unlock the mystery of building adaptable, future-proof trading algorithms. It's simpler than you think!

  3. Unlocking ETF Mispricing: Unearth the hidden predictive power of ETF mispricing that most traders overlook – your key to unlocking massive profits.

  4. Single Line of Code, Monumental Gains – Learn how to build powerful trading strategies with minimal coding. Yes, one line can make a difference!

  5. The 'Invisible' Market Forces at Play: Discover how super out of sample strategies could be your ticket to unprecedented trading success.

  6. Why Long Inverse Funds Could Be Your Secret Weapon in 2024: Delve into the world of long inverse funds post the meme stock frenzy and find out how they can revolutionize your trading strategy.

  7. Simple Math, Big Profits: Find out how basic mathematical formulas are trumping complex algorithms in the new era of AI trading.

  8. Avoid the Pitfall Every AI Trader Fears: Learn the insider secrets to prevent over-fitting and ensure your strategy remains effective in any market condition.

  9. AI and Machine Learning: Your Unfair Advantage in 2024's Trading Arena – Harness the power of AI to refine your strategies beyond human capabilities.

  10. And much, much more!

 

Watch now:

 

https://portfolioboss.com/2024-best-practices/

We're moving a bunch of videos (including this one) to a new video service over the next week. Wistia is good, but getting long in the tooth for new features.

 

Make sure you watch before there's an interruption.

 

https://portfolioboss.com/2024-best-practices/

Trade smart,

 

Dan "Prince of Proof" Murphy

 

P.S. Watch the training video while you can. The video may not work during the service move process.

 

https://portfolioboss.com/2024-best-practices/

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Portfolio Boss, Inc.

260 Newport Center Dr, Suite 100 Newport Beach, CA 92660

 

Don't want to stay in the loop with Dan? We'll be sad to see you go, but you can unsub to no longer receive emails.

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