Hi Duritz,

Back on the original subject, I did some further checking on the efficacy of the simulators we have made. My system at home runs through about 10 years of races testing itself against past results and giving a strike rate, profit margin and maximum drawdown figure. I thought I would test the simulator I created back at the start of this thread against those figures and without exception the maximum drawdown figure (using the system's strike rate and profit margin) was less (averaging around half) of that given in the "real world". JFC's simulator gave similar results.
I suppose we should expect this. The simulators are assuming a regular return with regular and equal dividends when the results in the real world are probably going to be more lumpy than just pure random figures (seasonal variations and who knows what else). This is using a system averaging about 14% strike rate and $8 ish divvies so the relative low strike rate may exascerbate the difference but I think (a cautious man like yourself may find) it is worth noting.

KV