Sources of Trend-following Profitability
May 9, 2017 - Technical Trading
What makes trend-following tick? In the April 2017 version of his paper entitled “What Drives Trend-Following Profits?”, Adrian Zoicas-Ienciu investigates sources of trend-following profits in equity indexes and stocks. He focuses on daily trading signals for Dow Jones Industrial Average (DJIA) closing levels, as follows: Each day after the close, he compares the DJIA close to… Keep Reading