New to Quantopian. Planning on investing considerable time learning Python, etc. But when I come across papers like this I wonder if it will be time well spent? It appears that "luck" - something largely (entirely) out of our control is really what makes a system profitable or not ... A quote from this paper “Finally, by choosing a period that starts not long before the Dot-Com bubble crash and ends not long after the Global Financial Crisis, one captures the most successful period for market timing strategies where all of them delivered extraordinary good outperformance.” This quote encompasses the entire backtest period available to this site!
A Compresive Look at the Empirical Performance of Moving Average Trading Strategies
