Monthly Archives: August 2011

Optimal Position Size Methods and Other Misconceptions

Optimality usually refers to a solution to a problem derived with respect to some objective function. A solution that is optimal with respect to a given objective function can be non-optimal with respect to another objective function. In trading, for example,  there is the well-known %Kelly method for calculating position … Continue reading

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GLD Update: Parabolic Move May End Soon

As I noted last week GLD has gone parabolic since the beginning of this month. I leave it for others, more qualified than me, to investigate whether this move is justified or not. As far as I am concerned it is not but … Continue reading

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GLD Has Gone Parabolic

GLD, the popular gold ETF, has gone parabolic already. This reminds of the parabolic rise in SLV before its collapse back in May of this year. Parabolic markets often indicate panic buying from retail traders and uninformed investors who are … Continue reading

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