29.7.2009

Rating the picks

I have recently introduced myself a quality control system of rating my own picks, on a scale of 1-10 where 10 probably needs very little explanation, and 1 either.

Not all good bets are winners though, neither all bad ones losers, but the reasoning could be shady, perhaps there are wrong data or wrong conclusions behind the pick.

This week so far Atlantis + 0.5 earns 8, TPS -0.5 was a bad pick and earns only 4, the RoPS for Sunday was an outstanding bet with the performance and market movements, but as it was a loser after all the maximum of it is 8.


I will adjust the system so that to be on the winning side average rate have to be over 7.

If it goes down to 4-5 for a period of time.. well, it just might be time to call it a day.

In the long term the only trustable rating is the yield, but in times of bad run it might be a comfort to see if you unlucky or just plain useless.

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