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♫
Said on Profiles in Risk
“If you have a trading approach that you could trade the next day and we have the same results, you have one that's relatively insensitive to market timing. If you delay by 15 minutes, you lose 20 percent of your P&L.”
Pat Welton · Top Traders Unplugged · TTU153: Why Investors Keep Getting Trend Following Wrong ft. Patrick Welton
Play from 59:15
59:15
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What was described
Classify trend-following strategies by holding-period sensitivity: long-holding, execution-insensitive approaches vs. short-holding, time-sensitive approaches that lose P&L if delayed
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AL
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