I put some money into Quadriga. I think I killed it. Looks like they might have their first down year since 1996.
you and i don't see eye to eye on, well, almost anything, really, lol, but on this i have to agree with you. sometimes this place reminds me a little too strongly of the old joke... Q: how do you tell an introverted geek from an extroverted geek? A: the extrovert looks at your shoes when talking to you.
I actually want to extend my thanks to Maverick. It was because of him being such an ass on this thread (around pages 40-43) that I chose not to invest in Quadriga. So, thanks Mav.
Great useful post Kernan. Do you have a better fund to recommend on this thread? Perhaps a mutual fund or something else? Please share with the rest of us.
If there is but one thing that me and Brother Maverick74 can agree on, it is Quadriga... nice to have you aboard, my Brother amongst Brethren... united we stand!
I don't really agree with this. A dramatic reversal is simply a new trend in the opposite direction to the old one. Why shouldn't a good trend follower be able to change direction quickly? Using the example of bonds, I would imagine any trend follower would have been short by the end of trading on 2nd April - there then followed a 7+ point downtrend in the bonds from that level. The same goes for silver - mechanical trend followers would have been long at the top, but as soon as silver had the huge down day on 13th April, they should have been shorting on the close or the next day open, and then adding as the market moved lower. At they very least, by $7 they should have been short. How could a trend following system not be short a market that has moved down 20% in a few days?