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182: How to identify high probability markets - David Steets
Better System Trader
The Reliability of Edges Over Time
The longer the edge works, the more reliable it is. For example, stocks grow up by about 8% a year over the long run. When I move down the ladder towards the shorter timeframes, I consider each shorter time frame to contain less reliable edges. And below one week, for me, personally, everything's mostly random noise.
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