Jan

23

 Like a good trading system or profit and loss curve, a champion tennis player (or other great sportsperson), will have maximum allowance for upside, but any downside sees a fast reversion to the mean.

Down 15 -40 on their serve…. ACE ACE, = Deuce… Noticeable by its speed and brutality, they have the means to get back on top or at least equal footing quickly, with any edge that dissipates being quickly regained, or found elsewhere…fast.

Victor Niederhoffer writes: 

Craig's idea about a bull market quickly reversing any losses from tennis results must be tested in the market with numbers. How to define such an ability to bounce back quickly? And is it predictive.


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