One thing I've learned is that a strategy's biggest challenge usually isn't generating returns- it's surviving the periods when it underperforms and investors abandon it at exactly the wrong time.
Absolutely. One thing is finding a strategy that systematically exploits above-average returns without involving guessing and gut-feeling. Another thing is figuring out if it also fits your personality and risk level, so you can actually stick to it in the long run.
Personally, I always add funds to the strategy as part of the monthly reallocation. The closer to the beginning of the month, the closer I follow the system.
One thing I've learned is that a strategy's biggest challenge usually isn't generating returns- it's surviving the periods when it underperforms and investors abandon it at exactly the wrong time.
Absolutely. One thing is finding a strategy that systematically exploits above-average returns without involving guessing and gut-feeling. Another thing is figuring out if it also fits your personality and risk level, so you can actually stick to it in the long run.
When first funding/adding funds to this strategy, do you recommend waiting for the start of a new month or is it ok to enter mid-cycle?
Personally, I always add funds to the strategy as part of the monthly reallocation. The closer to the beginning of the month, the closer I follow the system.