Australian Equities could see a narrow trading range for the most of th year where trading capital is eroded.
Will your system drawdown to the point where there is insufficient capital to take a position in a steep bull market that would have made the frustration worth it?
Just as a system adapts to the new trading conditions by selling at the 2920 level, the bulls are running and unless it has adequate money management rules, it could be a casualty.
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