ETF Update: Some Signs of Improvement
Jeff Miller submits:
Whether you are a trader or an investor you need to have a method and to follow it in a disciplined fashion. You also need to understand your system, having patience when necessary.
Every system has strong and weak points. Most methods are either momentum (where you play the trend) or mean reversion (where you fade the trend). There is also a matter of time frame. One leading technical commentator uses four (!) different time frames for trend determination.
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