I ALREADY ANSWERED THIS; READ THE POST. IT SAYS AT THE TOP THAT THIS IS FROM THE FOLLOWING LINK "https://www.priceactionlab.com/Blog/2015/09/jim-simons-trend-following-broken/" IT'S A COPY AND PASTE FROM A DIFFERENT WEBSITE, DIFFERENT AUTHOR CLICK "MORE.."
Somebody help me here... Go to the post where you saw that. You'll notice that it is not me. It is a copy and paste and I made that very clear from the start where I linked the article and then copied and pasted it below. Those are not my words. https://www.priceactionlab.com/Blog/2015/09/jim-simons-trend-following-broken/ I put a disclaimer AT THE VERY F*CKING BEGINNING OF THE POST.
My goodness !!! What is your main occupation? Trading or writing? If you trade with extreme negative emotions, you are going to make wrong silly decision and end up with huge trading losses.
OP I doubt u ever traded in your life. if u did then u would know "predict" is the wrong word to represent trading. The right word is "bet". The classic difference is the person trading assume that he can be wrong from the get go. Each trading entry defined with SL/Risk without that u cannot trade. It also an acknowledgement u are trading the unknown Or in your terminology randomness. You need not be GOD and all knowing info to trade the unknown and make money.People have been trading the unknown since ages thats why it is called taking risk. if somebody is GOD and have complete INFO then they will acquire entire planet money in a few trades. there trade will be riskless ..technically it can't be called trading anymore. If a person long say @ $100 with SL $90 and some black swan happens and the instrument goes to 0. guess what the person took $10 loss(assuming it is liquid enough and no overnight trading) and not more which is what he has already planned and defined as part his system.