why people bad mouth mean reversion strategies?

[SomeYoungGuy]

Quote from stepseazy:

OK, can someone fill me in here. When you use RTM, would you use a loose stop and a tight take profit to give the trade some time to work versus a trend technique?

You should know exactly where the "mean" is that you expect it to return to, before you ever enter the trade. That's your profit target. Your stop will be some multiple of noise so you don't get stopped out while you are waiting for price to return to the mean. Proper RTM profits are small, fast and frequent.

 

[jack hershey]

Quote from SomeYoungGuy:

You should know exactly where the "mean" is that you expect it to return to, before you ever enter the trade. That's your profit target. Your stop will be some multiple of noise so you don't get stopped out while you are waiting for price to return to the mean. Proper RTM profits are small, fast and frequent.

lol......