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Couple of days ago, a friend of mine provided a link to the interview of a trader who despite his humongous returns has never been in the lime light as many others with even lower success have been. In fact, the interview starts off with the line “may be the greatest trader you’ve never heard of.” and damm if that...
One of the reasons I am a strong believer in trend following is that I have observed that in all cases where markets were supposed to be caught by surprise by an event that shook the markets, the trend was already down. I have in the past given presentations and talks using examples such as the Kobe earthquake, September 11...
One of the often quoted things is that one should always trade with the higher trend. So, if the higher trend is bullish, it makes sense to avoid shorts and take only longs and vice versa. As much as the advise seems great theoretically, its only after testing can we really be sure whether such a strategy really makes economic...
For a very long time, the 200 day average is seen as a barrier between bull and bear markets. While many a analyst questions the reasoning behind using the 200 and not 199 or 201 (which anyway will make for not much of a difference), the key reason 200 came to be seen as a major average was that in...
So, you have finally devised your trading system which seems to have produced good returns in the back-testing you have conducted and is ready for trading with real money. Pat yourself on the back since regardless of what happens next, you have taken a step towards being a better trader by using a rule based strategy than implementing a discretionary...
Portfolio Yoga
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