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Behold: The Most ‘Brutal’ CTA Shock In History
It's been a tough several days for... well, for pretty much everybody, really, except for shorts in
Welcome to the wonderful world of trading…..There are so many ways to lose money. Without the male overconfidence gene, the participation rate would drastically decline.
What do you mean “shouldn’t happen”? What shouldn’t happen is for someone to think CTA returns aren’t negatively skewed.
It’s a statistical figure of speech.
I was feeling bad about my day, until I read this – thanks!