
Technical | Analysis page 565 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
536 Part VIIl System Testing and Management soon after it has begun as can be reliably detected. Contrary to the buy low and sell high philos- ophy, the trend-following system will buy high and sell higher. Schwager believes that slower, longer trend systems work better because the gains are…