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Re: JG36 post# 140566

Monday, 08/20/2018 3:33:33 PM

Monday, August 20, 2018 3:33:33 PM

Post# of 146240
I'm not sure why there is confusion is about what I wrote.

Holding one stock for years out of thousands of stocks in a fund does not make the fund long term.

What specifically about this sentence am I not being clear about?

For example, suppose they hold one stock for years, but have traded ten thousand other stocks after holding them for a day. Would that still make it a long term trading algorithm?

A technically-based trading algorithm that considers tens of thousands of stocks doesn't stop, think, and then ask itself questions that an investor would ask when looking at the fundamentals of a few stocks.

It only tries to optimize its statistical average by making millions of calculations on time series data using programmed rules.

I honestly don't understand what you find all of this so unbelievable. But that's how it works in general.

A casual stroll through the lunatic asylum shows that faith does not prove anything. Friedrich Nietzsche

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