Market Wizard? Or Close To Blowing Up?

Market Wizard? Or Close To Blowing Up? by Alex Barrow, Macro Ops “And, at any point in time, the richest traders are often the worst traders. This, I will call the cross-sectional problem: At a given time in the market, the most successful traders are likely to be those that are best fit to the last cycle. This does not happen too often with dentists or pianists—because these professions are more immune to randomness.” ~ N.N. Taleb Trading is a funny game. You can do everything right: research your assumptions thoroughly, wait for the perfect technical entry, size the position correctly, and…