Thanks, Howard

  ----- Original Message ----- 
  From: Howard B 
  To: [email protected] 
  Sent: Thursday, January 07, 2010 2:42 PM
  Subject: Re: [amibroker] Optimizing


    
  Hi Markus --

  All trades are trend following for the time they are held -- but the 
conditions that describe the entry are either mean-reverting or trend-following 
depending on whether the system buys weakness or buys strength, respectively.  

  Under some conditions, mean reversion systems are preferable to trend 
following systems.  You will need to test your system on the data you plan to 
trade.  And you will need to evaluate the performance as measured by the 
metrics that are important to you.  Psychologically, some people prefer 
trend-following, just a some people always buy and never short.

  Thanks,
  Howard





  

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