Carver is not an advocate of complexity for its own sake. In fact, he strongly warns against overfitting—the practice of tailoring a strategy too closely to historical data, which then fails in live markets. He prefers medium‑speed systems with month‑long holding periods, because high‑frequency strategies often decay faster than slower, more robust systems. He is also openly sceptical of artificial intelligence and machine learning in financial markets, arguing that genuine edge still comes from understanding risk, position sizing, and diversification—not chasing the latest technological fad.
Moving beyond basic trend following, these methods use more sophisticated signals and look for income through carry (buying high-yield, selling low-yield). advanced futures trading strategies robert carver pdf
When rolling a long position to the next contract month, if the next month is more expensive (Contango), you incur a rolling cost. If it is cheaper (Backwardation), you gain a rolling profit. Carver is not an advocate of complexity for its own sake
Give equal risk to different groups. Do not fill your whole account with just energy futures like oil and gas. Mix in some metals, agriculture, and stock indexes. Common Mistakes to Avoid He is also openly sceptical of artificial intelligence
2-day vs. 8-day crossovers (captures fast micro-trends)
Whether you prefer to focus on or a multi-strategy mix Share public link
Carver utilizes systematic trend-following strategies across diverse asset classes. His advanced strategies do not rely on a single moving average. Instead, they use a combination of multiple lookback windows to calculate a standardized . The Multi-Horizon Moving Average Crossover (EWMAC)