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Take a look at the equity line of the [simple and by
coincidence profitable] system
Buy=Cum<FONT
size=2>(1)%<FONT
size=2>50==0<FONT
size=2>;
Sell=Ref<FONT
size=2>(Buy,-3<FONT
face="Times New Roman">);
<FONT
face="Times New Roman">Short=Sell;Cover=Buy;
It is profitable
when the market goes down, but constantly looses money in the bullish
periods [even the small ones]
It is not hard to
understand why, although not necessary.
A
systematically stupid, non-robust system [under any
criteria] is probably a good trend indicator, if you take a closer
look...
It is a matter of
flip-sight logic
Dimitris
Tsokakis
PS : The above
system is an just an attempt to show this direction, "systematically" is not an
easy word.
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