Highly correlated and move together and, getting back to the idea of the original post, ideally which of a) neither are trending b) one is trending and one is not? Thanks Mav.
I'm going through the thread from its beginning and taking notes. I think this quote should answer your question:
I do believe that it answers my question ... thanks. Not sure how I missed that paragraph of the commentary.
By the way, the quote is from 2011. Not sure if anything has changed since then. I'm only at page 320 out of 1400.
Hello Mav, In this context does the term derivative refer to the calculus meaning (2nd, 3rd, etc) or some sort of other derivation. In an earlier post, I remember you referring to derivatives in the calculus sense but not sure if it was with respect to number lines. Thanks
I'm at page 480 at the moment and have seen a few posts in which Maverick74 says he is watching the markets for 60 hours a week. Many other posts indicate short-term trading: multiple posts per day about short term price movements happening during the day. I'm wondering though if a similar approach is possible for long-term trading: analyzing data at EOD, making decisions on weekly time frames, etc. What would the sacrifice/trade-off be? Longer and deeper drawdowns? Lower percentage of winning months?