Technical_Analysis_page_566

Technical | Analysis page 566 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 22 System Design and Testing 537 Inevitably, to avoid whipsaws, a trend-following system will be late in the trend and will thus miss profit potential at both ends of the trend. Unfortunately, this is the cost of a trend-fol- lowing system. If an attempt is made to clip more profit at each…