Lately, there is a tendency to associate momentum, relative strength or cross-sectional, to quantitative analysis and label absolute momentum as technical analysis. Nothing can be further from the truth. Momentum is a trivial concept that is based on breakouts above a past price. At the same time, absolute momentum is much broader in scope than relative despite recent efforts to relate them.
Subscribe by email
CFTC RULE 4.41
Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated performance results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Hypothetical trading results are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
© 2011 – 2023 Tradingpatterns.com. All Rights Reserved. We grant a revocable permission to create a hyperlink to this blog subject to certain Terms and Conditions. Any unauthorized copy, reproduction, distribution, publication, display, modification, or transmission of any part of this blog is strictly prohibited without prior written permission.