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3min chapter
185: How to avoid creating trading strategies that degrade quickly - Timothy Masters
Better System Trader
Using Technical Indicators to Make Money in the Market
In the early 90s, it was utterly amazing what you could do with a good technical indicator. Big firms out there with supercomputers and whole teams of PhDs sit in a workroom somewhere programming these computers. The market goes out of WAC and smart people with smart systems can find that and get in to catch when the market goes back in WAC again. But when there are people out there who are just on top of that by the millisecond, it becomes a lot harder.
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