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Old 07-12-2007, 08:17 PM
Tupacia Tupacia is offline
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Join Date: Mar 2006
Location: Money Long Like Arms on Alonzo Mourning
Posts: 753
Default Re: My spreadbetting adventure

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thanks for all the replies. I fail to see why following tips fails. You are pooling together the research of a number of people and taking the best result (or two) of their research. why would this not work?

For sure the tip will sometimes end out being wrong, but it doesnt mean it wasn't a +EV tip. If you do not put too much emphasis on a one-off tip (i.e. it is only 5% of your portfolio) then I don't see how it can go wrong long term.

So you do not think the average best share advice of a poster on this forum will outperform the market? Based on keeping each share for a set x length of time and each share is equally weighted. If not, fair enough, but I do, and although it is a very small sample, I think the unofficial portfolio helped (maybe effectively reverse implied odds in poker terms) convince me down the tips path.

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Best of luck to you, but if you're after performance you can probably do better than a group of random poker players dishing about the market. If you're after a learning experience, do your own research. I don't really see what leads you to believe that your tips will outperform the market if you know nothing about the methodology the tipsters employ and are only basing your faith in them over a hypothetical portfolio (which is the equivalent of saying "look at this 10 hand sample, I'm an incredible poker player!"). Don't mean to be negative, just don't really understand what your objective is.
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