(Opalesque) According to the Barclay CTA Index, managed futures funds reversed course from the prior month’s gains in September and declined 1.48%. Trends prove hard to find during the month making it difficult for many CTAs to find their footing, BarclayHedge pointed out. “The trend is your friend is a timeworn cliché among momentum traders in futures markets,” said Sol Waksman, president of BarclayHedge.
Managed futures funds down 1.48% in September, but up 6.08% YTD
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