sorry, farley's got a decent head on his shoulders (unlike most of the people at TSCM) but he's dead wrong on this point.
the uptick rule is NOT responsible for anything.
black boxes, on the other hand, are generally two ways: trend following or contra-trend. and they're just what people program into them.
the uptick rule is NOT responsible for anything.
black boxes, on the other hand, are generally two ways: trend following or contra-trend. and they're just what people program into them.