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The Case for Systematic over Discretionary Trading Styles

"You need many trials to expose biases the same way Vegas needs many bets to exemplify the fact that their long-term edges are ultimately insurmountable". Art Collins in In¬†Beating the Financial Futures Market¬†(Wiley, 2006) makes a powerful case for systems trading over discretionary trading. The following thought provoking extract was posted by Brenda Jubin in… Continue reading The Case for Systematic over Discretionary Trading Styles