100 times zero is still zero ;-)
Not using stops is for traders with infinite capital. If your capital is less than infinity, you need to use stops.
Greed is a good thing when combined with intelligence and rational behaviour, and a bad thing when combined with stupidity.
It all depends on what you mean by a "planet without money". A world without money of any kind is impossible due to the need for a medium of...
Volatility is the name given to how much a market moves in a given time period. Standard deviation of returns and average trading range are two...
Anyone claiming to know how to time the markets is a fraud. Looks like he needs to sell a good handful @ $145 to make good some trading losses :)...
Sorry, did you mean you dynamically decide which assets are trending or mean reverting as time unfolds? Or, that you have a fixed set of...
Out of sample testing? Let's suppose you have thirty years' daily data for a particular asset. Using any combination of 2, 5 and 10 year subsets,...
Well, the term "curve fitting" is actually short for invalid (i.e. statistically non robust) optimisation. Obviously some back fitting will have...
Thinking that some markets trend and others are mean reverting is a classic mistake of curve fitting. It's really the most basic one you can make.
I'm definitely a trend follower. It's important to realise that weak, choppy trends are rarely profitable for trend following systems because of...
2008, yes. Trend following funds outperformed everyone. 2009, no. Diversified futures trend following programs were almost all caught out by...
What do you mean by 'avoided'? They should have been shorting in 00-02 and 08 and making a lot of money. Could I ask you what the backtested...
Well my system definitely isn't curve fitted, otherwise it would never have remained so flat over the past year - it would have haemorrhaged cash...
Southall - that's interesting. Four times is pretty severe. But by no means impossible.
My question was aimed at systematic trend following traders. Most modern trend following systems make their real money from big directional market...
Well, that's one person who's clearly NOT a trendfollower! Tell me, did you make money during the crash of 2008? I know you'll say yes, so I can...
Prediction is futile. That is our mantra. BUT after 18 months or so of treading water I'm sure we're all asking the same question!
To be fair, the basic concept behind RDPD - that the only difference between those who end up rich and those who end up poor is that the former...
Er.. kicking out a foreign power that had invaded the islands, don't you remember? :)
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