Is it important to understand why Trend Following works (ie what are the sources of its profitability)? I believe yes. Because markets are non-stationary (changing all the time), their characteristics – including those at the root of Trend Following profits – are changing too. Understanding these market characteristics is a first step towards […]
Entries Tagged as 'Stats'
February 8th, 2010 · 6 Comments · Books
Over the New Year break I read the illustrated Cartoon Guide to Statistics which was great to go over the basics of classical statistics, and the format makes it easy to pick it up for a few minutes reading. I have also been recommended, and bought Statistics Unplugged – which deals with the same topics […]