2min chapter

The Compound and Friends cover image

High Conviction

The Compound and Friends

CHAPTER

What's the MfA Max Provoked Excursion Now Finish Your Thought

Mfa is max favorable excursion. That's the most you were up on the trade at any point within that one year period so even that looks favorite. After a ten day bread thrust a year later is 26 percent on average on average of course and the max adverse version of that is negative four on average yep  that seems like a pretty good f***ing here at the trade-off look at yourYeah of course i mean it probably is but can not everybody can withstand that well what's the worst look at it at a half percent yeah right? So we think it's favorable to kind of or at least helpful to talk about what you know what could go wrong what's

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