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There are all kinds of problems developing a mechnical system that will always
produce profits. The first - for most EOD longer term traders like me - is
that I don't do short positions. If you don't do short positions - you can't
make money in a bear market. About the best a system will do is keep you out
of the market most of the time - and minimize your losses. Robyn
Ron Augustine wrote:
> Ideally, your basic assumption that it is necessary to know when to switch
> between a trending and a oscillating analysis platform would appear to be
> correct--
>
> A deeper assumption that it is possible to develop a mechanical system that
> will consistently produce profits may be fundamentally flawed... :)
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