ARTICLE SYNOPSIS ...Reducing profit variability from technical trading systems by Milton S. Boyd and B. Wade Brorsen Some technical traders spend a sizable portion of their time searching for the perfect trading system or the ""optimal"" parameters, hoping the newly discovered system will give them the highest-possible profit. However, research shows that some currently available popular trend-following systems have provided a reasonable profit, even when traded with conservative margin levels. Unfortunately, the variance of the profits from these technical systems tends to be very high. In fact, the variance o...