Michael S

Trading Strategy: Oil Stocks vs. Oil

RE to Simmons: I would wholeheartedly disagree. Visit this link to see the independently-audited real-time results of the system's I'm affiliated with.

marketsci.wordpress.co.../

These are all mechanical and were clearly not the brightest before they failed. michael

Reader's Comment: Oil Stocks vs. Oil Trading Strategy

RE to Greg: I'm not sure how you come to that conclusion. In my case, I put a lot of research into designing strategies, but in terms of actual trading, I'm done in about 30 minutes a day (and that's trading four separate programs). That's a benefit of mechanical trading. Where do you see this massive time drag?

Reader's Comment: Oil Stocks vs. Oil Trading Strategy

RE to 1977C: I would argue that a solid active trading program shouldn't have suffered that sort of decline in 2008 and I could argue (based on our own audited performance) should have ended the year at the very least flat.

Because I hate snake oil salesmen and touts I should say that all of our programs are independently-audited by at least one third party, and that we are not unique - I think that there are a number of good programs that are doing very well in these markets.

michael

Reader's Comment: Oil Stocks vs. Oil Trading Strategy

RE to Energy Trader: two comments: (a) readers of my actual blog not the posts that are pulled over by seeking alpha will know that I advocate a more holistic approach to the market that considers many different strategies/indicators (i.e. I don't trade any single strategy in isolation), and (b) while I appreciate your anecdotal response, the numbers are the numbers and those numbers are hard to argue with over a long trading horizon. michael