Black Box Trading: Why They All “Blow-Up”

Black Box Trading: Why They All “Blow-Up” by Global Slant Headline: “We Are All Doing The Same Thing” I recently listened to a podcast with some all-star [there are awards for everything now] “Black Box” equity trader. It was quite a “telling” interview & I thank him for his insights but I’d heard it all before. His confidence was staggering considering the general unpredictability of the future and, of course, the equity markets. He explained how he had completely converted from a generally unsuccessful, discretionary technical trading style to a purely quantitative and scientific trading mode. He seemed to be…