Ratio of Immersion to Profits #idea
What is the ratio of immersion to profits? How to track? How to test? –h
Tag: Continuous Improvement
September P&L
Strategy Performance Risk Adjusted, Out-of-Sample Annual: +24.9% Max DD: -3.5% Sharpe: 5.7 Profitable: 12 of last 12 months I am looking for a new home for this strategy. It has been traded with $40m and scales easily into the $200m range. Inquiries and referrals appreciated. A Strategy overview is here, –h Henry Carstens 503-701-5741 carstens@verticalsolutions.com
5-3-1 #idea
5-3-1 I use a program called 5-3-1 in my strength training which I find remarkably effective because it drives me to improve each week. Here’s a way to use (a complete bastardization of) the 5-3-1 program to find and develop new trading edges: Week 1, Foundation Identify and test 5 new trading ideas Week 2, Read more about 5-3-1 #idea[…]
Quick Tip: Big Counting
There are two types of counting*: Big and Small. Big counting is used to gain big picture understanding. Examples of Big counting are – Has the impact of Bond prices on Stock prices changed since 2007? What is the impact of Copper prices on Bond prices? Small counting is used to help understand a specific Read more about Quick Tip: Big Counting[…]
Quick Tip: Data on the Data
Or, data on the decisions made w/ the data. Enables continuous and incremental improvements and new insights. –h Henry Carstens 503-701-5741
Quick Tip: Working on Technique Can Lead to Mastery and New Ideas
It’s good to take a break from the never-ending search for the new and simply focus on technique. Working on technique can lead to mastery and open unexpected doors to the new. “Wax on. Wax off.” –h Henry Carstens 503-701-5471
The Forecaster and the Forecastee
In forecasting, there are two variables, the Forecaster and the Forecastee. Since it is unlikely we can or should change the behavior of the Forecastee, improvement must come from improving the Forecaster. Which seems a crystalizing, if obvious, thought, –h
Forecasting, Creativity and Learning
Creativity is the degree to which you insert yourself between the numbers and the conclusions Expertise is the degreee to which you are right Learning, in both cases, is the difference in degree at time [t] and time [t-1] –h