Welcome to the Mini-Series: The Power of Process, a five-part exploration of the complexities of financial markets. This series delves into chaos theory, fractal dynamics, and complex adaptive systems, uncovering how markets are driven by ongoing interactions, feedback loops, and...
5 Welcome to the Mini-Series: The Power of Process, a five-part exploration of the complexities of financial markets. This series delves into chaos theory, fractal dynamics, and complex adaptive systems, uncovering how markets are driven by ongoing interactions, feedback loops,...
Welcome to the Mini-Series: The Power of Process, a five-part exploration of the complexities of financial markets. This series delves into chaos theory, fractal dynamics, and complex adaptive systems, uncovering how markets are driven by ongoing interactions, feedback loops, and...
Welcome to the Mini-Series: The Power of Process, a five-part exploration of the complexities of financial markets. This series delves into chaos theory, fractal dynamics, and complex adaptive systems, uncovering how markets are driven by ongoing interactions, feedback loops, and...
Welcome to the Mini-Series: The Power of Process, a five-part exploration of the complexities of financial markets. This series delves into chaos theory, fractal dynamics, and complex adaptive systems, uncovering how markets are driven by ongoing interactions, feedback loops, and...
Warren Buffett’s observation that diversification is protection against ignorance has been widely cited as an argument for concentrated investing. The full weight of that statement is worth examining carefully, because it applies in ways that most systematic traders have...
Backtesting is one of the most widely used tools in systematic trading, and one of the most widely misunderstood. Access to decades of historical data creates a powerful temptation: the belief that a strategy which worked in the past...
Financial market prices are determined by the collective actions of traders and investors, not solely by fundamental values. Each participant brings a distinct perspective on price behaviour, leading them to deploy different models, discretionary or systematic, to inform their...
A prevailing assumption in trend following is that highly correlated assets should not be traded together, as they are unlikely to provide diverse opportunities. This assumption overlooks a critical distinction: the difference between price correlations and trade correlations. Examining...
A Trip Down Memory Lane I took a brief respite the other day, following the tumultuous June period for Trend, to recount my trading history and identify any seminal writings that sparked my desire to become a classic trend...
