Jump to content

How picking Random Stock can affect Success P/L


Recommended Posts

Posted

Hi folks.  While I continue to work out the finer details of Stock picking, I thought I'd share this finding which repeats every time I try it.  It's important to note that in this example it is not my goal to Win or Lose, but to observe Random results.  My Random Criteria is largely based upon picking stock in order as they appear from A-Z or Z-A or Most Popular that are moving  UP either by Large Points or Percentage.  While it is safe to assume that at some point from 2.30 you will either hit a Pullback, 2nd Breakout Or Reversal within the 1st hour or as early as the 1st 5 minutes.  The success or failure is based largely upon how long it takes to find and create a Watchlist before I enter a Trade, and also whether you can correctly predict either a continuation, or a reversal.   

However, to prove this point I've chosen either ALL Long or ALL Short (not exclusively) As my decision to go either Long or Short is Random, one might also expect the results to be Random, or maybe not!   Upon Inspection, it's clear to see that each grouping has proved that regardless of Long or Short, the outcome of each consecutive Trade is largely the same.  Taking a look at the example below we can see that even though my stocks were randomly picked, one after another, they have all either Won OR Lost consecutively.   

I'm still looking for a pattern or structure to the results, but it most likely comes down to Timing.   I'd appreciate any offering on the matter.

 

Random analysis.jpg

Archived

This topic is now archived and is closed to further replies.

  • image.png

  • Posts

    • If XION delivers what is allocated to the contributors, eligible users will eat, but I heard airdrop will be on a 48-month linear, which sounds unnecessary long to me. I wasn't part of the early adopters, but I purchase a little on bitget premarket because from my research xion has a solid usecase and the total supply is 200m, which is very good. 
    • I recently discovered Magic Eden (ME), a multi-chain NFT marketplace that's redefining how we interact with NFTs and Web3. and i think is a good idea get into if you are familiar with NFTs, gaming, DAOs, or launchpads, this platform is worth checking out. Magic Eden isn’t just another marketplace; it’s designed to make NFT trading and creation simpler and more accessible for everyone. ME also offers incredible features like marketplace aggregation, which pulls NFT listings from various sources to ensure the best pricing and selection, and its Launchpad, which supports creators with everything from minting to marketing. Their commitment to innovation and security makes it a trusted choice for both creators and traders. There’s a great opportunity right now to get involved. ME’s pre-market trading is live, with the price currently at $3.61, up from $2.70 just four days ago. That’s an impressive return if you got in early! You can trade it on exchangers like Bitget before the official listing, giving you an early advantage. If you're looking to stay ahead in the NFT and crypto world, this is an opportunity worth exploring.
    • A while back, I read this quote: “Technology is best when it gets out of the way and lets us focus on what truly matters.” It stuck within me tbh, because truly in a world chasing shiny new gadgets, we often miss the point. how tech can evolve to meet our needs. That’s why I’ve been looking into adaptive AI projects, and $GAME recently caught my eye when I came across its most recent listing on bingx with a good price trend.  A few years ago, I worked on a logistics project using AI to optimize routes. It was fine, until the unexpected happened. The system couldn’t learn from past mistakes or adjust dynamically. Frustrating, right? Now, with projects like $GAME, the idea of AI that remembers, learns, and adapts feels like the future. It’s not just about solving problems in front of us but growing alongside us. Whether it’s in gaming, healthcare, or logistics, this kind of adaptive tech could change everything. It’s not about hyping $GAME, it’s about the broader idea of AI systems evolving instead of staying static. From all I’ve said you think we heading into a new era of tech that grows with us, or is this just another buzzword?
×
×
  • Create New...
us