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I am currently reading “Market Wizards” and came across an interesting quote by Michael Marcus, who said, “I do believe that trend following systems are doomed to mediocrity. I believe that the era of trend following is over until and unless there is a particular imbalance in a market that overrides everything else.”
That book was written over 20 years ago. What has happened since?
Learn the rules behind trend following, and the systems to apply them.
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