And your criterion. What are you trying to do in the markets? (And if the answer is just "to make money," then you're hanging out, and likely the...
Yes, but never, say, a 3 sd year in the yearly broad market I believe. This is why sharp and other measureswgich incorporate variance arw only...
Any measure that uses variance has the problem of time frame. A Sharpe ratio using months will be less than one using years. It's a ratio that,...
It's true. And he's a real no-bullshit kind of guy when it comes to the markets and what works in them.
Why MySQL? Do you need relational tables? Why not a NoSQL like Mongo (which I love). I say this because some data, say, you may have only monthly...
No. I'm talking about variance as affect by both upside and downside. Increase in the variance in returns is (closely, when non-binomial...
You positions size, however, is unavoidably gong to ultimately be a function of your account size, hence your returns will be. The dry cleaner's...
SO I used to run ultra long-distnaces, because I am big and slow. Not that all who do this are big and slow, but regular marathons and such just...
Trading though is a compounding process, hence increases in variance in pcnt returns are equivalent and identical to decreases on pcnt return -...
I agree. If you want to make a living at trading, make living doing something else and trade. It;s FAR easier, and, since what you make has...
We've been in a bull market since the scene at the watering hole of Kubrick's 2001. Man's progress is ever-upward, in fits and starts. I look back...
Don't pursue comfort.
Patience and nerve. This stuff - regardleess of how good your system is, takes patience and nerve. Of course it will make you angry, beat the hell...
Your pairwise correlation term is going to dance all over the place. When Gold moves by, say, 3 sigma, your pairwise correlation value will go up....
Why do you want to "consistently" win? You could buy quality fixed income products and that will fix that problem. Do you win, period? Maybe...
I beg to differ. It depends what you're in this for what you're looking to do here. I suspect this answer and those who agree with it are all...
The only metric that matters it's how well you are satisfying your criteria, what you are seeking to accomplish here. Other than that it's just...
Trading is a LOT more like a fight than any other analogy I've found. And in ANY fight, ANYthing can happen. The ones you think are going to be...
Cash sitting at a brokerage firm, in general, has a history that if it were itself a bond, would have a credit rating below anything on any scale.
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