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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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Classic Tren - Is the Volatility Expanding?

Each system has maybe a different threshold. Some, some of our longer term systems are more accepting of expandou o, expanded vol we want to make sure that there's not a trend and just because of volatility, were not a part of it. So ats the diversification within all the systems as well. Ins my experience as wen, volatilityis expanding. O, seven,. 20, 20,20, 20, 21, 22, year, that's when tren find us better. H but yor this ti sang, not just increasing vall. But if it's really high, absolute level o vall, you're going to get whips ot, you're

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