"Jim Simons is Correct About Trend-Following"

Discussion in 'Wall St. News' started by goodgoing, Sep 22, 2015.

  1. carrer

    carrer

    You could if you have a large capital. But If you merely have enough to buy a contract or two, you can't.
     
    #31     Sep 25, 2015
  2. Sergio77

    Sergio77

    Simons is right and those you that not agree are backtesting arcade players.

    [​IMG]
     
    #32     Sep 25, 2015
  3. i960

    i960

    There's really no reason to trade futures with 1:1 leverage anyway. Even if you stuck with 1:4 when's the last time you saw something move 25% in a single inescapable move?
     
    #33     Sep 25, 2015
  4. VIX, a few weeks ago

    [​IMG]
    21 to 27.5 is a 30% move I reckon.

    Not sure what you mean mean by 'inescapable'; even if the move reverses as it did here the margin call would already have wiped you out.

    OK diversification helps, you'd have been crazy to be trading all your money in near VIX at 4:1 leverage, but the main point is probably that different amounts of leverage make sense for different things.

    GAT
     
    #34     Sep 27, 2015
  5. Visaria

    Visaria

    earlier this year, swiss franc debacle. a trend following hedge fund manager friend of mine was hit on his stops with massive slippage.
     
    #35     Sep 27, 2015
  6. i960

    i960

    Cmon, in a non pegged currency. :)

    Don't over leverage yourself in bullshit is a given.

    Inescapable means gaps. Meaning something you cannot avoid.
     
    #36     Sep 27, 2015
    EPrado likes this.
  7. EPrado

    EPrado

    Yeah, a lot of people who got wiped out in that mess were FX traders who unwisely use the 500-1 leverage those FX shops give out. Yes the move was insane and unexpected,but still.....when you way over leverage an account in an instrument which can go berserk....well.....you are setting yourself up for something bad.
     
    #37     Sep 27, 2015
  8. Buy1Sell2

    Buy1Sell2

    No--they aren't. It's the trader that decides if they want to be leveraged or not when trading index futures.
     
    #38     Oct 5, 2015