On of the persistent question I get on email is why 100% plus, why not capture the first 100% plus itself. The simple answer is to reduce the trading universe and select the highest probability trade. More jazzy,stylish, and sounding like a black box, answer is, "Because I want to trade the long tail".
So here is how distribution of returns from 260 days looks like. Only for stocks with trading history of 260 days or more.