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Lessons from the Boxing Gym - Never skip a "Leg Day"
One thing that you learn early on in boxing is that you should never skip a "leg workout". I'm not necessarily talking about lower body strength but rather the general concept of training the basics and fundamentals
One thing that you learn early on in boxing is that you should never skip a "leg workout". I'm not necessarily talking about lower body strength but rather the general concept of training the basics and fundamentals
You can see many fancy pad flows and mitt works/combos on IG/TikTok, but at the end of the day these are the fundamentals that win round and do the work of win fights. Basic head movement, footwork, jabs and consistency go a long way in putting you in a position of strength.
When I train (and work with fighters) I dedicate a significant amount of time to working the fundamentals (hell, I occasionally train for about 30min just working the jab on the heavy bag...), as sharpening the basics will make a huge difference in the ring
This is where I find high resemblance to my trading...
I often come across super sophisticated strategies/models with multiple legs/assets and exotic features, but the matter of fact that most of the alpha that is generated can (and mostly do) come from vanilla strat done right
I often come across super sophisticated strategies/models with multiple legs/assets and exotic features, but the matter of fact that most of the alpha that is generated can (and mostly do) come from vanilla strat done right
At the end of the day (especially in quant/systematic) trading it mostly boils down to three basic foundations:
1. methodical/rigorous research/analysis
2. efficient execution (minimal TC)
3. prudent (and well defined) risk management
1. methodical/rigorous research/analysis
2. efficient execution (minimal TC)
3. prudent (and well defined) risk management
It took me many years to understand that fancy models don't win trades, and as much as I want to look smart I really use a modified black-scholes (with few addendum of my own), as I found that sophisticated stochastic models with multifactor calibrations don't add much
and consume too much effort to generate the same result.
I used to trade exotic products, but found that they are highly difficult to replicate, and when sht hits the fan they become nightmare (try to replicate a corridor varswap or correlation swap with a KO trigger..)
I used to trade exotic products, but found that they are highly difficult to replicate, and when sht hits the fan they become nightmare (try to replicate a corridor varswap or correlation swap with a KO trigger..)
The point of this entire thread is that when you know the basics to perfection, it's more than enough to consistently produce alpha without needing too much complexity.
Just my 2c
Just my 2c
