Beyond being a complete stud and arguably the greatest hedge fund manager to ever walk the planet, Simons was an absolute fountain of insight.
Most people picture him as a pure math nerd who just sat around crunching numbers, but the reality is he was rugged, hard-nosed, and very much not a pushover.
Another detail that often gets lost is that he enjoyed real success as a discretionary trader for a period far longer than most people remember. In fact, for years RenTec operated as a hybrid model, blending quantitative systems with discretionary judgment occasionally overriding the models outright when something didn’t smell right.
It wasn’t all just magical Markov models lol, Simons was a good trader all around, despite his self deprecating demeanor about it.
Cut the IBB Short for +0.86R and flipped to Long when momentum started to shift (double-clicked on RTH Low to quickly setup the trade). Scale and High Probability targets hit. Open Risk = +1.08R (worst-case scenario is a profit of +1.08R)
Stick to the plan and trade on Vulcan!
@TRobinsonNewEra@ValrieAb211958 None of the victims died. A man under the influence of alcohol and cannabis hit the crowd but miraculously and fortunately none of the 21 people affected lost their lives.
If you get value from the $ES_F Weekly Market Outlook email; how about helping spread the word and getting more futures traders on my free email list?
The analysis is time-consuming and only worthwhile to do if there's demand for it.
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I'll work on this if there's enough interest.
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