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1/ A Tail hunter is concerned with only one form of trend. The trend with directional extension.
There are many forms of trend hidden in this series such as random trend components, trends within mean reverting cycles and a primary trend of directional extension.
There are many forms of trend hidden in this series such as random trend components, trends within mean reverting cycles and a primary trend of directional extension.
2/ Unlike many other forms of momentum seeker, to capture these directional trends, we need loose pants to allow for the many other forms of trend that interfere with the trend we are seeking.....the Outlier.
3/ So our models are very simple...but that is just the way we like it. No profit targets like our other momentum brethren seeking different trends, just a simple stop and trailing stop giving freedom for movement along the course of this directional series.
