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I find this an amazing statement.
Howard is not the first to make it.Seen it often.

Would then if that period been a full on Bear market systems successfully developed around short trading be just as dangerous.Long only systems are and should be designed to catch periods exactly like these.If one had been developed before 1982 or even 1990 you would have taken part in periods for which it was designed.Whats wrong with that?

Not the first time Ive seen this statement either and I have proven that to be the case in my own testing of various ideas. BUT Given

(1) The discussion previous along the lines of developing a method thats suits the individual AND
(2) The arguement that Trend systems are not to be trusted---the idea itself suggests to be profitable youd eventually need long trends in the direction your trading
AND
(3) The psychological element of applying a system.

I would have thought that most would find a combination of capital preservation and positive expectancy,coupled with turbo charged money management principals would be preferable.

<blockquote data-quote="tech/a" data-source="post: 200353" data-attributes="member: 257">I find this an amazing statement.Howard is not the first to make it.Seen it often.Would then if that period been a full on Bear market systems successfully developed around short trading be just as dangerous.Long only systems are and should be designed to catch periods exactly like these.If one had been developed before 1982 or even 1990 you would have taken part in periods for which it was designed.Whats wrong with that?Not the first time Ive seen this statement either and I have proven that to be the case in my own testing of various ideas. BUT Given(1) The discussion previous along the lines of developing a method thats suits the individual AND(2) The arguement that Trend systems are not to be trusted---the idea itself suggests to be profitable youd eventually need long trends in the direction your tradingAND(3) The psychological element of applying a system.I would have thought that most would find a combination of capital preservation and positive expectancy,coupled with turbo charged money management principals would be preferable.</blockquote>

[QUOTE="tech/a, post: 200353, member: 257"] I find this an amazing statement. Howard is not the first to make it.Seen it often. Would then if that period been a full on Bear market systems successfully developed around short trading be just as dangerous.Long only systems are and should be designed to catch periods exactly like these.If one had been developed before 1982 or even 1990 you would have taken part in periods for which it was designed.Whats wrong with that? Not the first time Ive seen this statement either and I have proven that to be the case in my own testing of various ideas. BUT Given (1) The discussion previous along the lines of developing a method thats suits the individual AND (2) The arguement that Trend systems are not to be trusted---the idea itself suggests to be profitable youd eventually need long trends in the direction your trading AND (3) The psychological element of applying a system. I would have thought that [B]most[/B] would find a combination of capital preservation and positive expectancy,coupled with turbo charged money management principals would be preferable. [/QUOTE]

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