Most retail traders lose money because they use beginner strategies (support/resistance, RSI divergences) on advanced instruments (futures). Carver’s philosophy is radically different. He argues that are 80% of the game; the entry signal is only 20%.
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)
That said, if you are looking for a (as detailed in his legitimate works), here is a summary based on Systematic Trading and Leveraged Trading :
An advanced futures strategy is only as good as its real-world implementation. Carver emphasizes the "hidden killers" of systematic trading: transaction costs and backtest overfitting. Overfitting and Optimization Traps advanced futures trading strategies robert carver pdf
Robert Carver's book, "Advanced Futures Trading Strategies," is a comprehensive guide to advanced trading strategies in the futures market. The book provides a detailed overview of technical analysis, quantitative models, and risk management techniques, and covers a range of advanced trading strategies, including spread trading, calendar spreads, and synthetic positions. While advanced futures trading strategies offer a range of benefits, they also present several challenges, including complexity, risk, and market volatility. As such, traders should carefully consider their experience and skill level before attempting to implement these strategies.
: To avoid the extreme risks of the full Kelly Criterion , Carver suggests using a more conservative "half-Kelly" for bet sizing.
A single trend-following strategy on a single asset is prone to massive drawdowns. Carver emphasizes the necessity of multi-asset, multi-strategy diversification. Asset Selection Most retail traders lose money because they use
Futures contracts expire. To maintain a continuous position, traders must "roll" from the expiring contract to the next front month. Carver’s strategies account for:
If you were to download a hypothetical "advanced strategies PDF" by Carver, here is what the table of contents would look like.
: Including complex structures like calendar spreads. US 10-Year Notes
The hardest part wasn't the coding. It was the blindness .
Instead of risking a fixed percentage of your account per trade (like the standard 1% rule), Carver calculates position sizes based on the asset's current annualized volatility. Step-by-Step Position Sizing via Volatility Targeting
Disclaimer: This content is for educational purposes only. Trading futures involves substantial risk of loss. Always verify trading rules with official sources like Robert Carver’s published works.
Government bond futures (e.g., US 10-Year Notes, Euro Bunds).
Advanced Futures Trading Strategies - Robert Carver - Perlego