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Got to admit I'm confused by this point.

Exactly what is wrong about not going beyond Weinstein for a long term trend following system? Long term trend following hasn't changed over the years. Livermore did it before Weinstein.

Three pretty compelling arguments FOR the TechTrader system are;
1. It's got a positive expectancy
2. The entry is better than random entry
3. It beats buy and hold

That's all you need a system (any system over any time frame) to do.

[QUOTE="MichaelD, post: 137128, member: 2416"] Got to admit I'm confused by this point. Exactly what is wrong about not going beyond Weinstein for a long term trend following system? Long term trend following hasn't changed over the years. Livermore did it before Weinstein. Three pretty compelling arguments FOR the TechTrader system are; 1. It's got a positive expectancy 2. The entry is better than random entry 3. It beats buy and hold That's all you need a system (any system over any time frame) to do. [/QUOTE]

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