20th June 2003, 07:48 AM
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Member
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Join Date: Jan 1970
Location: Melbourne
Posts: 166
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Hi all,
Yes there is such a problem as overanalysis...most definitely.
If you refer to the betting systems forum and the thread about mode, median times etc. I have made a post or two about analysis and measurement processes v's what it actually takes to make money. Most people spend too much time on measurement and analysis, and not enough time on practical application and thinking.
There is a lot to be said for making your analysis process simpler....but you should not make it "simple" (if that makes sense?)
In my opinion (and thats all it is) "simple" methods that involve such fixed criteria like prepost fav's, API etc. will only ever lead you to the obvious...the same as the market...and that equals long term losses.
I know they are intended to narrow a field down to give you a starting point, but the problem is that obvious factors are over discounted by the market and offer no winning advantage.
[ This Message was edited by: osulldj on 2003-06-20 08:49 ]
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