ARTICLE SYNOPSIS...David Stendahl is the portfolio manager at Capitalogix, a Commodity Trading Advisor (CTA) firm specializing in systematic trading. He is also a leading industry expert, author, and speaker focused on the managed futures industry. He also co_created vario
ARTICLE SYNOPSIS...The Maximum Favorable Excursion Strategy by David C. Stendahl and Leo J. Zamansky Maximum favorable excursion (MFE) is the peak profit that a trade earns before the trade is closed out. Reviewing the performance of a trading system allows us to measure