"In the late 1960s, I decided that silver had to rise when the US Treasury stopped selling it," he told Schwager. "Much to my amazement and financial detriment, the price started falling!"But the initial shock and awe that arrived hand-in-hand with Seykota's loss didn't go unavenged. His less-than-stellar first go-round kickstarted a quest to carve out a systematic process he could entrust.
From that point on, Seykota would spend his days hacking away at his keyboard, testing the performance and validity of any array of different trend-following systems — a market approach that leverages momentum and moving averages to discern buy and sell points."Anyway, I got my results," he said. "They confirmed there was a possibility of making money from trend-following systems.
Although he was clearly skeptical when his trading algorithms started to show promise, looking back at his comments, Seykota's remarks seem to masquerade and underplay the effectiveness of his newly found strategy.
PAY WALL!!!
Hmm
Good
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
TikTok employees describe life inside the company as its future hangs in the balance - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 'On Sunday, September 27, the US courts issued an injunction preventing the implementation of the Executive Order'
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Investing strategy: Ex-Goldman trader shares stock picks, top ideas - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
How a 16-year-old made millions collecting and reselling trading cards - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. RobinMadell garyvee RobinMadell Who? RobinMadell Just like us whom made a lot at the end of the dot com bubble, he got lucky.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Apple CEO Tim Cook granted nearly $40 million in Apple stock - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. wew But where is the new iPhone?
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
How much YouTube pays for views: 100,000, 1 million, 150 million - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Clickbait. OMG. That was a sucker's move.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »