Thread: Turtle Trading
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Old 10-25-2007, 12:00 AM
eastbay eastbay is offline
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Join Date: Nov 2003
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Default Re: Turtle Trading

[ QUOTE ]

If the rules enable you to make 80%/year, why do you need to do anything else besides trade?

[/ QUOTE ]

They don't, anymore. Those kind of salad days are over. Back then even simplistic computer analysis was cutting edge. Now it is totally vanilla, and there are way too many traders picking at the last few scraps of that carcass.

Jim Simons appears to be proof that something model driven still works for market crushing returns, but nobody on the outside knows how he does it. In another 20 years, after those systems have dried up, there will probably be books about how they did it, like there are books about the turtles now.

eastbay
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