Hello,

I made beatthecouch.com in July and it’s basically a game where you try to beat the S&P 500 and buy/sell when you want. Your opponent is a couch. It buys on day one and never sells.

Now over 100K+ games later, the hypothesis stands: it’s not wise to try to trade and time the market. Here’s the original data from the actual games itself.

Source: the game’s own database, every completed game Jul 12 to Aug 28. Tool: Python and matplotlib. Market data: S&P 500 daily total returns 1928 to 2019.

thanks!

  • AlteredEgo@lemmy.ml
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    22 days ago

    Okay so just so I understand this correctly, “audited by 1000 monkeys” means that when you came out ahead, random monkeys trading doing the same trades but randomly did better 90% of the time? To determine if your coming out ahead was just luck or skill?

    Well that just means I need to be among the 12% most skilled people, which I certainly am. Or would be if I knew anything about the stock market lol