Systems trading is ultimately discretionary

Terça, 12 Janeiro 2010 00:00

Versão para impressão

 

“Systems trading is ultimately discretionary.  The manager still has to decide how much risk to accept, which markets to play, and how aggressively to increase the trading base as a function of equity change.  These decisions are quite important, often more important than trade timing.”

 

Ed Seykota in the book, Market Wizards