Futures · Building a futures strategy · lesson 7 of 9 · 6 min read · David Alexander
Sample honesty, and the path the daily mark walks
path outputs
The futures test's extra deliverable: not just the endpoint statistics but the path - the worst adverse variation runs the rule's history would have produced, in cash, against the daily mark. Two rules with identical expectancy can demand entirely different headroom to survive their own histories, and only the path output says which - the sample lesson's futures half.
This lesson is part of the advanced modules.
Modules 6 to 8 are included with a paid account. The definitional summary above is the whole of this page until then.