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What things am I doing wrong? Buying long on the drop.

Very simple strategy: buy long on the drop. I seem to be getting OK results so my question is, am I doing things wrong? I'm relatively new to Quantopian, so pointers on things I might be doing wrong like rebalancing, or ordering, would be appreciated.

2 responses

Goddamn, the "attach a backtest" takes forever. I tried to fix the referenced backtest above, which is the last backtest I ran, but points to the wrong source code. Here's the URI for the correct source code: https://www.quantopian.com/algorithms/57af551b3f33d6636d0008c1.

seems like the strategy assumes a bull market, which gives it a bias that would eventually get burned when things take a downturn