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Why does the presence or absence of short trades affect the
profitability of long trades?
Example 1: long and short
...............All......Long.....Short
Initial........10000....10000....10000
Ending.........19947....20531.....9416
Example 2: long only
...............All......Long.....Short
Initial........10000....10000....10000
Ending.........20914....20914....10000
Reversing system. No commissions or slippage.
Regards,
Alan
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