“The market keeps walking. The question is whether you are still standing when the trend arrives.” In my early days of trading I had a moment that stayed with me far longer than any chart pattern or elegant model. It...
Welcome to November 2024’s “What’s Caught Our Eyes This Month!” This month’s blog is packed with compelling insights from podcasts, articles, and book reviews that explore cutting-edge strategies and timeless principles in finance and trading. Highlights include an in-depth discussion...
The SPIVA report, which measures the performance of actively managed funds against their respective benchmarks globally, produces a finding that is both consistent and sobering: between 75% and 90% of actively managed funds underperform their benchmarks over extended periods. This...
Survival is not one strategy among many. In environments governed by irreversible outcomes, it is the precondition for every other strategy. The pursuit of performance without a survival architecture is not aggressive trading. It is a process that will...
Most market participants approach financial markets as forecasting problems. If the direction of the next move can be estimated with sufficient accuracy, the rest follows. Diversified systematic trend followers take a structurally different position: the market’s direction cannot be...
