Restrict Your Strategy to a Specific Symbol List?
By Dave Mabe
In this week's episode of Line Your Own Pockets, we have a surprisingly heated discussion about whether to restrict your strategy's universe of symbols or not.
This seemingly simple question has numerous implications.
Can you backtest a strategy that trades a symbol list you don't control?
Is each symbol in the list weighted equally?
Is a symbol list simply a filter?
Should you include or exclude ETFs in your strategy?
Much more...
Buckle your seat belts, this is the biggest disagreement Michael and I have had on the podcast so far!
We don't come to blows, but pretty close.
Which side do you fall on?
-Dave