No Trading Strategy Can Win on Every Price Path: Computability, Randomness, and the Limits of Universal Trading

By Karl Svozil

Published 2026-07-29

Everscope rating

1804

Relevance to quantitative trading

9 / 10

Implementation complexity

2 / 10

Reproducibility

5 / 5

About this paper

Methodology: Theoretical Diagonalization and Computability Analysis. Problem types: Theoretical Limits of Trading Strategies, Computability and Undecidability, Algorithmic Randomness, No-Arbitrage Theory, Online Learning / Identification in the Limit, Portfolio Optimization (benchmark-relative), Risk Management, Market Making (FAPP context), Options Strategy Analysis (Wheel).

arXiv:2604.13334 · Paper rankings

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