102 Months

From the most recent Winton Capital newsletter:

“The Winton Futures Fund gained an estimated 4.01% in March to bring the compound annual average rate of return in 102 months of trading to 19.68%.”

I still regularly hear that this kind of trend following performance is “luck”. I don’t get that logic.

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You might like my 2017 epic release: Trend Following: How to Make a Fortune in Bull, Bear and Black Swan Markets (Fifth Edition). Revised and extended with twice as much content.