trendfollowing's Commentaries
Aug
24
2009
Crazies to Left and Crazies to the Right of Me
by trendfollowing
Overall Rating:
This is an article of mine that appeared recently. Here is some feedback I saw on another forum about the article:
As with most TASC, Futures, or other mag articles. Long on claims, opinions, cherry-picked examples/backtests, etc. Short on evidence…You of course, are going to supply overwhelming, statistical PROOF that systematic traders are best? Try talking about trading stats - profit factor, Sharpe, Calmar and others. About risk of ruin. Etc. This is likely a strong reason for blowouts. They think they are profitable, but instead are Hold&Hope or Averaging down. And many of them ARE “systematic” But they constantly subvert their plan when exposed to large positions.
I learn much from people not all connected to reality!
Tags: critics
