Thread by @RichB118

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.

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.

4/ We give maximum degrees of freedom for the class of trend we hunt. They certainly aren't beautiful trends, They are ugly ducklings in our world of trend, and that is why they are so hard to hunt for those seeking certainty.

5/ This is not a game for prophecy as our class of trend defy predictive logic. We must abandon our desire to pre-empt these ugly ducklings and learn to love our systems, as they are the method we use to capture the fruits from these wicked market anomalies.

6/ But with our diversified systematic process we hunt these anomalies everywhere and everywhence as despite our inability to predict them in advance, we know they are a universal characteristic found in every liquid market.

#smallbets, #maxdiversification, #Onestop, #OneTrail

7/

Loose pants and let it rip.