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Trend following. The dynamic systems & strategies that make up a modern CTA, w/ EMCs John Krautsack

The Derivative

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Aret, That's the Famous Experiment, Right?

People would rather avoid the os than get the gain, even if it's economically in their favor to go for the larger game. That concept was put in place for the utility function, which ist res right? But that also leades me to like, do you so, how much do you give up? Do you give up some of these riy our not you're in that scenar or what? We probly nevergoig to have the hundred % returner, like the huge outlier move an. I we've had so many different, a, different strategies to reduce that give back. One of em was, just look at the market, thats trending and making money

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