In my opinion, long term indicators are useful as a guidance but
it probably stops there. As with anything else, I would advocate
all to backtest an indicator(s) and not just over the past 2-3
years where basically most crossovers/indicators were working well
due to the volatility but also during less volatile times
You might find the results suprising!
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In my opinion, long term
is it time to buy SDS and TZA?
Posted by vimal on 18th of Nov 2010 at 11:19 am
In my opinion, long term indicators are useful as a guidance but it probably stops there. As with anything else, I would advocate all to backtest an indicator(s) and not just over the past 2-3 years where basically most crossovers/indicators were working well due to the volatility but also during less volatile times
You might find the results suprising!