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VibeQuant's avatar

The point about recency bias in strategy evaluation hits home. I've caught myself wanting to abandon systems after a rough month, even when the drawdown is well within historical norms. Curious if you've seen research on optimal "cooling off" periods before evaluating whether a strategy has actually degraded vs just hitting a bad patch?

Michael Harris's avatar

It's all about experience. There is no well-established process. More like a feeling that something is wrong with the underlying premise.