012: Ernest Chan talks quantitative trading, momentum, stop losses, minimising drawdown and maximising returns, automated trading and competing with the big firms
Better System Trader
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How to Trid a Momentum Strategy?
In two thousand 14 in many of the momentum traders very well because of the drop in cood oil. But this year they are losing a good portion of that since theno eta day. So how could you account for this behaviour when back testing or triding a momentum strategy? You canr impose some rules to say that what qualifies as a financial crisis, you know, ie, market srope certain percentage from the peak that qualifies as aFinancial criser. Also, the other remedy to a momentum stroogy is one that i use. I trade both sides, but i also trade menfor instrology at the same time.
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