“Two investors can run the same trades. Only one of them had to be right about anything.” Compounding is one of those ideas in finance that sounds simple until you actually live through it. A return is not earned in...
“Two portfolios can post the same number. Only one is standing here.” Picture two bridges across the same canyon. The first hangs from a single cable, engineered to perfection and rated to carry ten thousand tonnes. The second hangs from...
Introduction At ATS Trading Solutions, we’ve long recognized the power of convexity in trading. While many investors chase smooth, predictable returns, trend followers have historically thrived by embracing uncertainty, volatility, and non-linearity–hallmarks of financial markets. The inspiration for this article...