Were Mean Reversion traders down today?

[IronFist]

Quote from buylo:

Extremely short cliff notes:

The specific product being traded has gone "to far" in relation to how the price historically moves (fading a large sigma move) and "should" revert to some type of historical price mean.

In short, fading.

Are there indicators that give you this info or is it fundamental stuff?

 

[shortie]

for those believing that reversion to mean does not work, check out patrickq's posts in traders' p&l: two big hits this week (+110K and +50K). this is some good trading!

he did say about dropping 50K last week but no system is perfect and it still leaves him up nicely for the last two weeks.