Archive
Category: Trend Following
- July 21, 2010Michael Mauboussin: Untangling Skill and Luck
I have long posted white papers from Michael Mauboussin. Here is his most recent piece “Untangling Skill and Luck How to Think About Outcomes–Past, Present, and Future” (PDF). Mauboussin also happens to…
- June 29, 2010Francisco J. Vaca: Second Generation ‘Turtle’
For those familiar with my book The Complete TurtleTrader you know that chapter 13 is about trader Salem Abraham. Abraham is what I call a second generation Turtle — as he was…
- June 25, 2010Swing Baby! And Keep Swinging!
Ken at Top Breakout Stocks recently made a comment here about this WSJ article. What did he say? “Replace the word ‘strikeout’ with ‘taking a loss’ and ‘runs’ with ‘profits’ and it’s…
- June 22, 2010A Trader’s Self-Evaluation Checklist
Some key questions asked by Brett N. Steenbarger, Ph.D. in his ‘A Trader’s Self-Evaluation Checklist’? Are trading losses often followed by further trading losses? Do you end up losing money in ‘revenge…
- June 19, 2010Bernard Drury: “An Intrinsic Part of Trading”
Bernard Drury of Drury Capital writes in his May 10 newsletter: “While trading losses are never welcome, we know that encountering price corrections is an intrinsic part of trading these markets. As…
- June 17, 2010Wise Price Trading Words from William Eckhardt
From William Eckhardt: “An important feature of our approach is that we work almost exclusively with price, past and current. One reason for this is that to make any progress in the…
- May 28, 2010Survivorship Bias: An Academic Charade to Ignore Trend Following
From Wikipedia: “Survivorship bias is the logical error of concentrating on the people or things that “survived” some process and ignoring those that didn’t.” From the Wikipedia entry on me: “Critics of…