Few on social media have traded through a bear market. I never DM offers. Trading book: https://nitter.gq/t.co/HgXE15ztyJ Novel: https://nitter.gq/t.co/Gvq3H1V3K8
New York, USA
Joined April 2011
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Weekly Market Signals for subs. A brutal week for systematic trading due to rising volatility and the lack of effective hedges. YTD: ensemble +8.6%, 1.5 Sharpe ratio, and 2.3 MAR vs. +7.8%, 0.8 Sharpe ratio, and 0.9 MAR for $SPX.
Price Action Lab retweeted
Seeing the breakeven chart surface again. If you are curious about the breakeven math:
It takes a return of r / (1 - r) to recover from a loss of r. e.g. it takes a return of 0.3/0.7 = 42.86% to get back to breakeven after a 30% loss.
Price Action Lab retweeted
Has anybody checked how disproportionately many old people moving slowly might affect evacuations, say, there's a fire or something in a building and stairwell capacity is reduced?
1/2 It's a nice exercise, reminds me of the "chandelier trend-following" method also discussed by Chuck LeBeau, but also of an informative article by @choffstein about time-domain paths and investors not being "a Monte Carlo simulation". @GestaltU
We analyzed nearly 1.8 million trades to show that trends can be traded profitably, even when entries are decided by… a coin flip.
Inspired by our recent conversation with @basso_tom, we replicated his original random-entry experiment using more than four decades of futures market data.
Contrary to conventional wisdom, we find that a trend portfolio built on purely random entries can deliver compelling results, gross and net of costs.
Want to hear more from Tom? Leave your email in the article to be notified as soon as our interview goes live.
As always, you can visit the link in the first comment for the full piece 👇🏻
Price Action Lab retweeted
Aye aye captain.
Message received. Instructions sent. What else shall we do?
This quoted post is unavailable.
Price Action Lab retweeted
Could be, although that might not mean a lot alone. IE only if you use certain services are you exposed.
What a mess.
People who understand probability theory rarely use the word "probability". Possibility, plausibility, scenario, alternative, etc. are common choices. In trading, when you hear people claim it is about probabilities, they never know the probabilities, i.e., meaningless claims.
Price Action Lab retweeted
Weekly Market Signals for subscribers. A brutal week for systematic trading due to the ferocity of the moves. YTD: ensemble +8.6%, 1.5 Sharpe ratio, and 2.3 MAR vs. +7.8%, 0.8 Sharpe ratio, and 0.9 MAR for $SPX. Read the free section. Link in reply.
Weekly Market Signals for subscribers. A brutal week for systematic trading due to the ferocity of the moves. YTD: ensemble +8.6%, 1.5 Sharpe ratio, and 2.3 MAR vs. +7.8%, 0.8 Sharpe ratio, and 0.9 MAR for $SPX. Read the free section. Link in reply.
Price Action Lab retweeted
MARKET IS AT A CRITICAL LEVEL.
STAY INFORMED WITH @RevereAsset
👇👇👇👇👇👇👇👇👇👇👇👇👇👇
