CTA Meltdown Continues

After a great start to the year, computer-driven trend followers keep posting monthly losses.

Investment financial property trading in down trend Businessman using computer working on virtual trading price and graph with arrow are pointing down

Credit: cherdchai chawienghong/Getty Images

As equities continue to climb to new highs, commodity trading advisors (CTAs), the computer-driven hedge funds that try to spot trends in various markets around the world, posted another large round of losses in October.

This is a group that aims to have little or no correlation to the stock market.

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