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Replies to #321 on exp system

exp

08/22/03 11:32 AM

#322 RE: WinLoseOrDraw #321

Mechanical systems are too simplistic in most cases:
(1) There are multiple factors that need to considered in trading decisions with appropriate dynamic weightings.
(2) Markets change over time so systems based on data mining over a restricted time period are of limited reliability.
(3) Position sizing may not be considered in many mechanical systems.
(4) Diversification may not be considered in many mechanical systems.