OMG I also use a simple mean reversion method for my strategy! Glad that it's not only me who's using it lol. In my years of trading, I find this assumption to be most of the time true, that prices almost always go back to the average.
Seems like those are some useful links. But would you mind if I ask (albeit a little stupid, I guess lol) what golden nuggets mean? Is that a reference to something? I'm still learning a lot about the English language so this may well be beyond my comprehension. Thank you!
I wholeheartedly agree! I used to say traders seem to like to overcomplicate things so much when trading. Keep your trading plan simple! Maybe why 90% of traders fail is because they like to make things complicated!