A Strong Month With Different Winners August brought gains for all seven indexes. September extended the recovery for most, but opened a much wider gap between them. Six of the seven benchmarks finished positive, led by SG Trend at +4.3%,...
How different ways of choosing trend following programs have performed over time Data through August 2026. Edition date 26 October 2026. The study uses reported returns for programs classified in NilssonHedge as Type CTA, Style Systematic and Strategy Trend Following....
Introduction Systematic trend following extended its recovery in September 2026. The benchmark of 97 reporting programs gained +3.21 percent, its second consecutive positive month, and the five-year VAMI closed at a new high. The largest weekly gain of the month...
The Practitioner’s Discipline Relational knowledge is built by remembering how a place changes Previous: Episode 5, What the Eye Cannot See, the Pattern RevealsNext: Episode 7, What the Quant Approach Cannot See I stood beside a stream with a Gubbi...
Oil climbed, gas collapsed. Trend strength rose to 41%. This week, fewer futures markets rose, yet measured trend strength improved. Nineteen of 49 contracts finished higher, down from 22 a week earlier, while the TTU Trend Barometer climbed five percentage...
What the Eye Cannot See, the Pattern Reveals A configuration is the trace of relationships we cannot inspect one by one Previous: Episode 4, The Same Pattern at Every ScaleNext: Episode 6, The Practitioner’s Discipline An experienced trader sometimes says...
The leaders gave ground. Trend strength fell to 36%. This was a week in which several of the year’s leading advances gave ground. Fewer markets rose, the moves grew larger, and the trend environment weakened sharply. Twenty-two of 49 futures...
The Same Pattern at Every Scale Why a shared architecture carries questions across domains, not answers Previous: Episode 3, What Survives Is What Could Not Be EliminatedNext: Episode 5, What the Eye Cannot See, the Pattern Reveals Across a slope,...
What Survives Is What Could Not Be Eliminated Persistence is the visible residue of variation, constraint and history Previous: Episode 2, The Future Is Not Hidden, It Is UnwrittenNext: Episode 4, The Same Pattern at Every Scale The river at...
The Future Is Not Hidden, It Is Unwritten What a forecast does when its subjects can act on it Previous: Episode 1, What Bohm SawNext: Episode 3, What Survives Is What Could Not Be Eliminated Imagine a bar that is...
