@AdityaTodmal Agreed, static strategy forever is unrealistic.
But there's a difference between structural adaptability & tactical tweaking based on recent performance.
Constantly adjusting to recent data isn’t adaptation, it’s delayed curve fitting.
Strategy perfectly aligned to current market regime is nothing but the extra layer of curve fitting.
Recently precious & non precious metals rallied one sided, where most of the trend system gave decent returns. That doesn't means system is a good fit. IMO
All three equity curves are of same strategy, with same parameters but the allocation patterns is changed in all three.
1.
Yearly 20.50%
DD 2%
Calmar 10.25
2.
Yearly 28.50%
DD 4%
Calmar 7.12
3.
Yearly 31.15%
DD 4.70%
Calmar 6.62
Which one is better ?
A strategy perfectly aligned to the current regime is the most dangerous kind of curve fit. What works today on recent data will crack the moment the regime shifts, and regimes always shift.
More than the no of years, we need to focus on no of regimes the backtest can cover.
The better approach is to identify different regimes in the past and test the system across each one. High volatility trending, high volatility sideways, low volatility non trending, low volatility trending. Periods like 2012, 2016, 2017, 2019, 2020, 2022 cover most of these combinations.
If the system survives across all these regimes, you know the edge is real. I
For the first time ever, BSE has crossed NSE in F&O (Futures & Options) trading.
In April, BSE captured 55.4% market share while NSE fell to 44.6%.
BSE daily turnover jumped to ₹2,69,07,000 crore vs NSE’s ₹2,16,00,000 crore.
Big shift in derivatives market!
I don't understand why sebi is so late to unfold this when his advertisement was circulating on every now and than website for a long time to lure clients.
₹601 crore collected from 4 lakh students. Fake testimonials showing crores in profit when students actually lost money. And the trainer himself? Lost ₹6.19 crores in his own trading.
SEBI released 125 pages of investigation report
https://t.co/88HQsV3ag2
Aditya bhai, he clearly wrote in his profile. Sab moh maya hai.
But jokes apart, he pretended to be the veteran and most honest trader of stock market.
Believe me, it’s same day
Only difference is that he was called in the court in the evening
This is open defiance of the judicial system
Let’s keep all reforms aside & bring judicial reforms first
Demolish collegium system immediately
Morning Evening
SEBI’s proposal to remove weekly expiry will hurt the entire market ecosystem.
The disruption could mean job losses across desks and firms.
This is the time for the trading community to unite.
✊ Pledge your support here:
https://t.co/QqmPxiN6I3
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