system
A chat on subreddit /r/wallstreetbets
human
There’s a delay between the insider trade, the reporting of the insider trade, and your ability as a retail investor to follow the insider trade.

If you take into account thst you’re getting into the trade X days later, how well does your backtested portfolio look?
gpt
Yeah, delay is max of 2 business days between the trade and the report and then you have to wait until open the next day to make the trade.

Haven’t run the back test yet, but when a CEO makes a new trade, you can check the current stock price against the price they paid and then see their average returns to see if it still looks promising