AdvancedStock Alerts + Tools0:46The Platform
The Rules Are Fixed Before the Result
Performance measurement only means something when the window, the price and the counting rules are set in advance and never adjusted.
0:46 · 6 scenes
This lesson is part of a Stock Alerts + Tools plan.
What the lesson covers
- 0:00Any track record can be improved by choosing the rules afterwards.
- 0:05The decisions that must be fixed. Which price, over what window, and what counts as a result at all.
- 0:15The easiest way to cheat. Simply not counting the ones that did not work. It is invisible from outside.
- 0:24Why the window matters so much. Measuring to the highest price after the fact makes any record look excellent.
- 0:33The test to apply anywhere. Are the rules published, and were they fixed before the results existed?
- 0:41Ask for the rules, and check they were set beforehand.
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Educational content only. MadStockAlerts provides market commentary, research, and educational content. It is not personalized investment advice, and nothing here is a recommendation to buy or sell any security. Trading and investing involve substantial risk, including loss of capital. See the Risk Disclosure and Customer Agreement.