2010 was a fairly difficult year for trend following strategies on Australian equities. The first six months was characterized by uncertainty in the world economy and this was reflected in the way markets behaved with no clear direction and a number of short and sharp reversals. However, eventually some trends developed on the back of improving economic fundamentals.
With mechanical systems trading, you grade yourself not on the analysis of each trade but on how well you executed your trading system. So on this basis I feel I have been successful.
With mechanical systems trading, you grade yourself not on the analysis of each trade but on how well you executed your trading system. So on this basis I feel I have been successful.
