October Result Preview: The trend is your friend until the end when it bends


October continued to be challenging for trend following managers, here represented by a proxy, consisting of a restricted subset of managers reporting daily data. The trend certainly bent in September and continued to bend in October, with most strategies seeing losses. The estimated loss is around 2.2%, with a high degree of uncertainty. With that … Continue reading October Result Preview: The trend is your friend until the end when it bends