According to an article in the Wall Street Journal, Behind the broad, swift market slide of 2018 is an underlying new reality: Roughly 85% of all trading is on autopilot—controlled by machines, models, or passive investing formulas, creating an unprecedented trading herd that moves in unison and is blazingly fast.

While I can execute trading programs with languages like Python, like the SMART Money Flow Index …

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Or program classic technical indicators like Bollinger Bands …

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Or Elliott Waves …

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Or more complex quant models like at AQR Capital Management, one has the feeling of lagging behind the latest craze.

Herding is getting worse (or better if you can take advantage of it).

Herding? Like “Ya Herd with Perd”?

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