I was reading the Hedge Fund Market Wizards book and was very intrigued by this "trend-neutral model" idea.
Jaffray Woodriff was saying that his model is neither trying to project a continuation of a trend or a reversal of the trend. All it does is to predict the probable direction over the next 24 hours.
Just wondering if anyone here has any idea on what a "trend-neutral model" is all about?
While we, systematic traders spend 95% of our time trying to research optimization/position sizing, I begin to think that we might have gone down the wrong path in the first place. have we ?
It's incremental innovation vs disruptive innovations(Woodriff).