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  • #1,161
  • Oct 6, 2017 6:33am Oct 6, 2017 6:33am
Quoting mzvega
{quote} AMVT trades change in demand/value TA trades or follows changes price……. Both come from 2 very different "schools of thought" From an auction market theory perspective Price is nothing more than an advertizing mechanism. It's its part of the "price discovery process". The Price/ticker/quote is advertizing. It moves to solicit and encourage trade (looking for a response) It moves in search of participants in order to facilitate trade. Different prices at different times attract different TF participants. Price auctions too high in search...
As a side note I never understood the idea that the "price moves because it is a function of the Auction Process" because if that were the case then traders would be getting the price they want, implying that they are making money. In reality, the majority lose money, therefore they are getting the price they don't want

Therefore the conclusion is that the price moves in the direction that will cause the maximum financial damage to the greatest number of positions.
These are you entry points .. if you are the "smart money".
  • #1,162
  • Oct 6, 2017 6:36am Oct 6, 2017 6:36am
Quoting RondaRousey
{quote} "yes and no" ? You give no confidence that you can trade. In fact post after post you hide your inability to trade. Either you have achieved 100% return so far this year or you haven't. And you haven't. You say returns don't matter, pips don't matter, doubling live account doesn't matter etc. The only thing that matters is you. You are a stupid noob pretending to be an expert.
its always the same with you.
you are not without reason on my ignore list since a long time (and really only the biggest losers come on this list, who are unable to learn the smallest parts). i tried it again with you and same thing happens like many months before.

you tell stupid questions, you show your extrem low level skill and that you dont can trade. i answer your stupid parts because i think maybe he wants really to learn something.

then as return you show your extrem problems with greed and low levels skills and write total bullshit.

learn trading, learn winning, learn at least basics. you always do write so much bullshit. and start having arguments. writing stupid can never help you to look smart. you are maybe the man on most ignore list here in forexfactory, even on more then many fakers.
  • #1,163
  • Oct 6, 2017 7:18am Oct 6, 2017 7:18am
Quoting Mingary
{quote} As a side note I never understood the idea that the "price moves because it is a function of the Auction Process" because if that were the case then traders would be getting the price they want, implying that they are making money. In reality, the majority lose money, therefore they are getting the price they don't want Therefore the conclusion is that the price moves in the direction that will cause the maximum financial damage to the greatest number of positions. These are you entry points .. if[/highlight]...
Absolutely! Especially when it comes to Forex.

Every time when you see volatility above normal without any major news - this is sure sign that a lot of people are losing a lot of money!
The persistent overextended trends are also caused by losing traders. Because 100% of the time the majority of market participants are on the wrong side of the trend. And I mean any trend, on any time frame. This often creates domino effect or the so called positive feedback loop.

I have this nice old paper (PDF) from 2010 made by Richard Olsen (the co-founder of Oanda). where he explains very well this market behavior.
Attached File(s)
File Type: pdf How_to_Trade_5.2.pdf   3.8 MB | 1,848 downloads
  • #1,164
  • Edited 10:51am Oct 6, 2017 7:44am | Edited 10:51am
Quoting alphaomega
{quote} Absolutely! Especially when it comes to Forex. Every time when you see volatility above normal without any major news - this is sure sign that a lot of people are losing a lot of money! The persistent overextended trends are also caused by losing traders. Because 100% of the time the majority of market participants are on the wrong side of the trend. And I mean any trend, on any time frame. This often creates domino effect or the so called positive feedback loop. I have this nice old paper (PDF) from 2010 made by Richard Olsen (the co-founder...
I read this paper a while back. A real eye opener ...
  • #1,165
  • Oct 6, 2017 10:42am Oct 6, 2017 10:42am
Quoting Felix Moses
I'm Felix, Please sombody help me in coding the S1,S2,S3 AND R1,R2,R3 AND MID PIVOT I want the output on chart to be in arrow form also with arrows on previous days past for at least two months past appearing on the chart. Timeframe is 4Hrs. Width of the midpoint arrow is 3. The calculations are as folllows: // -- CALCULATION FOR PIVOTS --- PP = (Highpoint+Lowpoint+Closepoint)/3; R1 = (2*PP) - Lowpoint; S1 = (2*PP) - Highpoint; R2 = PP + (Highpoint - Lowpoint); S2 = PP - (Highpoint - Lowpoint);...
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow2.png Size: 43 KB


Lines not arrows.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,166
  • Edited Oct 7, 2017 1:11am Oct 6, 2017 11:39am | Edited Oct 7, 2017 1:11am
Quoting VEEFX
Whew! My head hurts trying to catch up on all that is being said on this thread about gambling. Life is so much simpler for me staying off the flashy casinos halls. Do I have to learn gambling now to figure out how to find edge in trading? I don't think so!
After reading millions of posts and trying 100s of strategies, trading simply boils down to two actions by traders. I came to this conclusion years ago. Similar to a coin flip and regardless of your strategy or trading plan, a trade is either a bounce off a level or break off a level. Pretty much everything is binary. Price moving up or down. Trade moving in profit or loss, account going in profit or loss, going in margin call or not, SL hit or not, TP hit or not etc A trading strategy is nothing more than a combination of such binary functions attempting towards a desired outcome !!!

The secret sauce is not in the candle or what price is doing or its behaviour. Its in your approach in taming all these simple yet extremely complex and difficult variables.

I just hope we can steer this thread towards practicality and stop talking about complicated theories or research with no line of sight towards implementation. CP said he uses a hybrid approach of both styles. I agree and this is the only way imo to trade with reduced risk and limit drawdown. Many don't want to admit the fat tail is not just in price but also in performance. Consecutive losses are a BITCH. These are the things we should be discussing in depth because unless you can prove to yourself that your capital is safe in the markets, what is the point in shooting for xxx% profits! It just does not make sense to me!
Staying in my lane...
  • #1,167
  • Oct 6, 2017 11:44am Oct 6, 2017 11:44am
Quoting VEEFX
{quote} After reading millions of posts and trying 100s of strategies, trading simply boils down to two actions by traders. I came to this conclusion years ago. Similar to a coin flip and regardless of your strategy or trading plan, a trade is either a bounce off a level or break off a level. Pretty much everything is binary. Price moving up or down. Trade moving in profit or loss, account going in profit or loss, going in margin call or not, SL hit or not, TP hit or not etc A trading strategy is nothing more than a combination of such binary fictions...
yes, when you start. later you will learn that each time you have a trade , your win/loss with this trade is already in equity calculated until this moment and all the time you decide to open this trade again without fees, or you would close it. from this point it starts earning much more if you know how to calculate this inside your trading systems (for backtest and trading). so you learn its not TP hit or not , Sl hit or not, its many many events between this. complete opposite to binary or you can say in any second of the open trade you have "binary" option, close trade (or go even opposite direction) or let it open (or add again to it) .
  • #1,168
  • Oct 6, 2017 11:52am Oct 6, 2017 11:52am
No one will ever overcome this stuff with a linear thinking.
Pity
  • #1,169
  • Oct 6, 2017 2:04pm Oct 6, 2017 2:04pm
Quoting VEEFX
{quote}CP said he uses a hybrid approach of both styles. I agree and this is the only way imo to trade with reduced risk and limit drawdown. Many don't want to admit the fat tail is not just in price but also in performance. Consecutive losses are a BITCH.
Not necessarily, you just need to go figure when not to trade, meaning if you trend trade or counter trend trade well providing you can distinguish them and filter them you simply keep away from one. Its a duality (conv./div) as cp pointed out quite clearly, so you either trade both or only one. The irony of course is you have momentum (up) during trend (up) and also momentum (up) during trend (down)....So wheres the differences?

When you focus on one side of the market you observe nuances and also develop much more discipline.
  • #1,170
  • Edited 8:11pm Oct 6, 2017 7:46pm | Edited 8:11pm
Quoting Pipalicious
{quote} Not necessarily, you just need to go figure when not to trade, meaning if you trend trade or counter trend trade well providing you can distinguish them and filter them you simply keep away from one. Its a duality (conv./div) as cp pointed out quite clearly, so you either trade both or only one. The irony of course is you have momentum (up) during trend (up) and also momentum (up) during trend (down)....So wheres the differences? When you focus on one side of the market you observe nuances and also develop much more...
Nice discussion. You hit it on the head Pip with the statement "providing you can distinguish them and filter them "....which now steps into the world of curve fitting.

I personally believe a truly robust strategy is a composite of both divergent and convergent systems that are 'switched on all the time" as the practice of 'measuring the state of the market' is something that only can be achieved after a sufficient data set has been provided....and you are inevitably always behind the 8 ball. If market conditions vacillate in both divergent and convergent behaviour on a lower timeframe to that being traded....which they do in sideways congestion......then it is going to be the sideways congestion PLUS the alternate market condition that will nail you in terms of risk in the meantime while you are attempting to assess the market condition.

When talking about 'curve' fitting' to past data, it is the 'lag' in identifying whether a repetitive pattern exists that is part of the problem leading to future underperformance and the mere fact that it is the emergence of the pattern itself that leads to the actual return and not what happens after the pattern. You are permanently therefore dancing at shadows and not the data itself.

That is what leads me into the world of blending equity curves whereby you are not 'switching of or on your strategies' but rather letting principles of constructive and destructive interference from relative correlations of return streams to do their work...where you are actually trading the data and not the shadows. This is one way of removing symptoms of 'curve fitting' and there are others.....but this digs into the meat and bones of what a diversified portfolio does on top of any edge delivered by a single system.

What almost the entire discussion of this thread relates to is 'what does price do or how does it move in a single candle?'. In very little of this discussion do we talk about 'what does risk do or where is the risk in this candle'. There lies the central problem in these to and fro diatribes on this forum as we just conveniently forget about the notion of 'risk-weighted return' with nice probability models of whether data is random or not and applying theory based on outcomes without taking heed of or even considering process, or the converse of "I just trade what I see comments" and you can shove that stuff called science down your pipe and smoke it. If we all understood it, we would probably all get a leg up in our trading career....but these things might be too 'complicated' or to 'woo' to handle for many here.

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  • #1,171
  • Oct 6, 2017 7:54pm Oct 6, 2017 7:54pm
Las Vegas gunman earned millions as a gambler: NBC
https://www.cnbc.com/2017/10/06/las-...mbler-nbc.html
Market is not random but unpredictable
  • #1,172
  • Edited 8:48pm Oct 6, 2017 8:09pm | Edited 8:48pm
Quoting kprsa
{quote} I agree also that this is an evidence of a non-random market. Probably what happens is that the big market players test the market’s susceptibility to smaller “shocks” before embarking on a bigger and longer push...
You summarize it perfectly kprsa. Although the bull / bear indeed Can not determine the direction, i have to wait ... And during this waiting time - to eliminate loneliness - i can hear this ... i really love this Music harmony ... Gracias !
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I am failed,but i found 1,000 ways that won't work ...
  • #1,173
  • Edited 8:26pm Oct 6, 2017 8:16pm | Edited 8:26pm
Quoting skyway
When is a buy a non-freak event that begs a buy trade ?
When is a buy a freak event that begs a sell trade ?
When is a sell a non-freak event that begs a sell trade ?
When is a sell a freak event that begs a buy trade ?
That's why I asked this questions earlier(not expecting answers).

Additional question -

Is the risk the same trading divergence away from the mean versus trading reversion towards the mean ?
  • #1,174
  • Oct 6, 2017 8:19pm Oct 6, 2017 8:19pm
Quoting skyway
{quote} That's why I asked this questions earlier(not expecting answers).
You were even too cryptic for me on that post....but now I 'see the light' :-)

PS I think I got your PDM reference earlier. Are you ex-military as claymore's flashed in my mind and the tendency for people to not closely look at their surroundings (aka the system).?
  • #1,175
  • Edited Oct 7, 2017 3:32am Oct 6, 2017 8:31pm | Edited Oct 7, 2017 3:32am
Quoting skyway
{quote} Additional question - Is the risk the same trading divergence away from the mean versus trading reversion towards the mean ?
Different equity curve profile and statistical composition.

We have an expectancy of 1 = 100% if we assume both market conditions and can perfectly trade them.

A divergent system with sound risk management has a Win Rate of typically <50% and a R:R of >1. The converse for a convergent system (eg. mean reverting system) with sound risk management. The summation if you can perfectly predict the market is E = 1

Both are tradable in theory but what dilutes this equation are the frictional costs of trading and trader error....aka the real costs of trading. You therefore need to 'force an edge' that is greater than the frictional costs to win in this game....and the way you do this is by deliberate design rather than a guessing game. :-)

Where the different risk profiles come in are as follows:
1. People who deploy mean reversion systems in isolation on the principle of 'catch the falling knife' without risk mitigation measures applied to each trade have negative skew and over the Law of Large numbers with 'fat tailed' events will come undone.
2. The same for people who deploy divergent strategies in isolation without risk mitigation measures that have negative skew.

A blended system solution is one way to attack this risk dilemma as risk is mitigated on the losing market condition by profits arising from the winning market condition....but you get nowhere with a perfect hedge and simply suffer the fate of a losing portfolio associated with the drag of frictional costs and trading error.

Applying stops or other risk management mechanisms to either system condition creates an asymmetrical bias to each condition and avoids a fully hedged scenario. What you are doing here is reducing the dependency of one market condition to offset the risk of the other market condition through deploying risk management techniques. Thereby you are then in a position to find an edge that beats the frictional costs in a constrained asymmetrical system condition in either market condition.

Once this is achieved, you have finite risk exposure on one side and undefined profit potential on the other for each type of market condition and you are then seeking an outcome of zero correlation as opposed to a outcome of offsets from a perfect positive and negative correlation. You are using risk management to create that condition. You are controlling your risk like an engineer building a bridge through your understanding of correlation. You are not doing anything about the profit side of the equation.

It is positive skew that actually means something in trading uncertainty. Positive skew means that you are taking risk off the table on each trade and not compounding the problem when non linearity matters. It is what stops the risk pressure cooker from blowing it's top. It is your risk management and not your ability to predict price that is central to this game of chance. He who survives longest laughs loudest. You can side-step the entire random or not random waste of breath argument provided you assume that fat tails exist.

If they exist, then the market is non-gaussian, then risk management is the way to exploit them with an open profit condition to your system/s....as simple as that. You set the trap with risk management in your system that mitigates your downside and just let the market do it's thing. This will give you limited downside and undefined upside....but you will last longer than your competition in doing so. You are applying Natural Selection in this argument which applies to any complex system with a memory. Stuff the entire prediction debate of where future price will be. We build a house to withstand the elements of uncertainty. You build your trading plan to withstand the elements of uncertainty. Are complex financial markets that different from other forms of complex system? What does complexity mean and what does it imply?

A trader is a hunter who understands his 'live' battleground and a good trader is a survivalist....not a prophet who is a sayer who theorizes a possible 'future' battleground.

Here is another useful thought: If you are worried about a river flooding and don't know when that event occurs, but just accept that it does happen at unpredictable times when you cannot control it....then build a dam wall (system risk mitigation) and allow for controlled release of the water (risk) so you can take control in most flooding events. You will live longer in that happy valley of yours with far greater piece of mind and be able to exploit those controlled release events with a degree of certainty. Do other complex systems then have solutions you can apply to the financial markets without getting into the pedantics of things such as a dam wall or a trading stop which are simply different methods of controlling process applied to different complex systems?
  • #1,176
  • Edited 11:19am Oct 7, 2017 1:26am | Edited 11:19am
Quoting Copernicus
Look at a roulette table and then convert it into a process: You have a croupier placing the ball under momentum onto the wheel. Use science to work out how this process leads to an exploitable outcome...........Now put this all together and determine with a degree of confidence which zone the ball will land and which numbers this encompasses with an exploitable bias. ...welcome Mr Thorp and Claude Shannon. Thank you for your contribution. You sure taught those guys on that forum a lesson who thought roulette was an unbeatable random system.
Sure.
And the casinos themselves implicitly acknowledge that physics can be used to beat roulette: that's why numbers relating to the popular even money bets (red/black, odd/even, high/low) are sequenced alternately around the wheel, so that only the most accurate physics can deliver a viable edge (i.e. miscalculate by just one pocket, and you hit the opposite result next door, and lose your bet). And croupiers, balls, etc get 'rotated' regularly, and wheels are re-set or replaced, as added precautions against possible bias.
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Conversely, casinos actively encourage math-based system play -- including punters who like to bet on 'hot' numbers (i.e. CrucialPoint's "divergence away from the mean"), and also those who prefer 'cold' numbers ("reversion toward the mean") -- because the house understands both the nature and popularity of gambler's fallacy, where the unsuspecting punter is being fooled by prior 'trends' or 'streaks' that are statistically meaningless. Given enough time, every system player is mathematically bound to lose. That's why roulette tables include history boards, to help these players keep count of recent streaks:
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While perfect randomness is realistically unattainable, the reality in Vegas is that expectancy math has been good enough to allow casinos to prosper handsomely -- without any need to change roulette mechanics or payouts -- for many decades, and I see no reason for this to change in the foreseeable future.
  • #1,177
  • Oct 7, 2017 1:32am Oct 7, 2017 1:32am
Quoting Copernicus
{quote}A trader is a hunter who understands his 'live' battleground and a good trader is a survivalist....not a prophet who is a sayer who theorizes a possible 'future' battleground. Here is another useful thought: If you are worried about a river flooding and don't know when that event occurs, but just accept that it does happen at unpredictable times when you cannot control it....then build a dam wall (system risk mitigation) and allow for controlled release of the water (risk) so you can take control in most flooding events. You will live longer...
I was thinking more of a hunter aided with modern day electronics.
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Quoting hanover
{quote} Sure. And the casinos themselves implicitly acknowledge that physics can be used to beat roulette: that's why numbers relating to the popular even money bets (red/black, odd/even, high/low) are sequenced alternately around the wheel, so that only the most accurate physics can deliver a viable edge (i.e. miscalculate by just one pocket, and you hit the opposite result next door, and lose your bet). And croupiers, balls, etc get 'rotated' regularly, and wheels are re-set or replaced, as added precautions against possible bias.
How is the gambler able to use electronics that goes undetected by the security surveillance ?
  • #1,178
  • Oct 7, 2017 1:33am Oct 7, 2017 1:33am
Quoting skyway
{quote} I was thinking more of a hunter aided with modern day electronics. https://www.youtube.com/watch?v=-m1Jui2LcgI
Hehehe. I would like to go fishing with you one day. I think you might come away with a bigger catch than me :-)
  • #1,179
  • Edited 2:04am Oct 7, 2017 1:36am | Edited 2:04am
Quoting hanover
{quote} And the casinos themselves implicitly acknowledge that physics can be used to beat roulette
....and you and I both know that physics is grounded in maths. It is the model applied to the reality that is important and not any form of maths. :-)

PS Great post H....but you are probably sick of me saying that.


....but I am not so sure they actually encourage all forms of math-based system play despite their apparent transparency using tricks of the trade to exploit human bias.

https://www.reviewjournal.com/local/...-casino-chips/

http://www.telegraph.co.uk/news/worl...blackjack.html
  • #1,180
  • Oct 7, 2017 1:45am Oct 7, 2017 1:45am
Quoting Pipalicious
{quote} Not necessarily, you just need to go figure when not to trade, meaning if you trend trade or counter trend trade well providing you can distinguish them and filter them you simply keep away from one. Its a duality (conv./div) as cp pointed out quite clearly, so you either trade both or only one. The irony of course is you have momentum (up) during trend (up) and also momentum (up) during trend (down)....So wheres the differences? When you focus on one side of the market you observe nuances and also develop...
Thanks for your response to my post Pip. "When not to trade".... perhaps my previous post (copying below again) will shed some light. When not to trade is the most important element of any trading plan. I will add further tidbits to my "stencil" approach as I try to limit what I want to share. so here it goes. I covered my stencil approach over price and time dimensions across instruments and timeframes This approach in itself eliminates an insurmountable amount of data that gets ignored.
Trend Phase Definition - identifies when not to trade as it eliminates non-favorable movements or behavior
Price across Timeframes - identifies noise to eliminate or ignore at a multi-dimentional level
Pairs - I select only those that have a high win rate across the above footprint. Not just a high winrate but also based on averagepips, average winning pips and average losing pips and a host of other measures
Stencil across a 24 hour trading day - I am sharing this for the first time. I break down a 24-hour trading day across 5 days in a week into 6 periods (similar to sessions but unique to each pair and currency) creating another stencil on which pair to trade (for pair/tf stencil which apply to H1 and below). One of my sessions is OFF which tells me when not to trade a part/tf. This is my custom sessions indicator!
Some may call this as applying a filter, some may call this as curve fitting. I refer to this painstaking approach as "process of elimination". Figuring what first, what I don't know and then devote myself deep into the bowels of getting answers. If the answers are in my favor, I build upon those and take my research to the next level. If they are not, It is WRITTEN IN STONE and never revisited, never spent time reading useless posts and youtude material or ebooks. I am in charge of my own destiny. I decide what I read, what I know, what I understand and what I still do not know/understand. Even after doing all this, I am still of the belief that trading outcome will always remain independent of all your past trading stats, all your past backtesting done. If I have got this right, I will consistently win. If I have got this wrong, I will consistently lose resulting in a binary outcome.
When I began my journey towards automation (almost 2.5 yrs now), I made sure I consistently lose in order to rule out my understanding. Only then I could find things that worked consistently to a 'favorable' outcome.

I am now at a stage where I want such favorable outcome with a max drawdown of less than 15% per month (high <> low equity curve and not balance curve). I have yet to find ways to limit drawdown! I am certain I will get there.

Here's my post which I deleted earlier. I could only save a portion due the character limit:

Quoting Copernicus
I must admit...I have to agree with RR on the assumption that coordinated collective participant behaviour tends to emerge during 'crisis' events. It's not that I haven't tried in my trading career with fairly active market participation since the early 80's in trading the normal day to day market machinations through equities, options and derivatives. I am embarrassed to say that it is only in the last 7 years or so, that I have been able to see the wood for the trees and potentially turn trading from a game of chance to a wealth creator.....but...
Hi C,

I have yet to read the posts from overnight but this sentence grabbed my thought so didn't want to lose it,
"Where my current trading approach shines, as I am a diversified trend trader, is during periods of 'crisis alpha'. All the rest of the time I am involved in an incessant churn trying to protect my capital at all costs. I need to be in the market however to be able to capitalise when the 'fat tail' event arrives, which I can never predict with any degree of certainty."
Perhaps I am stating the obvious to a seasoned expert in this field so apologies in advance.
Fat Tails are the absolute events that take us to either Equity explosion or towards a account blowup. Assuming fat tails are structured (not a flash crash type event), Cash Flow and Trend Following can never ever go hand in hand. I have been staring at trends all my life... in trading and outside in life. We are followed to keeping nudging to either get on a trend or get out of a trend. Timing is critical for entries (although I would personally disagree) and for exits. Unless a Phase of a trend is quantifiable and objectively measured purely 'by data', trend trading is VERY hard imo. Human mind sees things differently even if the price is going from left bottom corner to the top right corner. Give a chart to 10 traders and you will get 10 different (and mostlyin incorrect answers on when to get on and when to get off the trend.

Below is my own perspective which may not agree with many. Here it goes....

In my opinion, market or any tradeable instrument that move price over time is ALWAYS in a trend. To the naked eye, all we see if consolidation or exhaustion or compelling momentum but not the characteristics that LEAD to these movements or behavior. We see what we want to see and then react accordingly. I was shitting in the wrong hole all the time until I took a step back and quantified what constitutes a trend. Not just the trend definition because that to me is the most simple element. >> if point B is higher than point A, we are in upward trend >> if point b is lower than point A, we are in downtrend. Then I moved this simplistic viewpoint to the next level of detail. HOW does a trend prgress? What constitutes it's DNA? Its personality? It's strengths and weakness? What affects it's process and what propels it to move towards it's intended direction. These questions are the Crucial Point into the realm of possibilities.
After analysying 10s of 1000s of trends across 9 timeframes and across some 70+ pairs, I developed my "stencil". A Stencil is the key to trend phase definition.

Here's my Stencil: You won't read about this anywhere. You are a best walking and talking encyclopedia I know of so please let me know if you have come across anyone doing a similar 'scientific' approach

We discussed my implementation of market constants.. i.e dots in spacial context comprising of price @ candle close. Every dot falls within the following 4 phase each for uptrend or downtrend.
Trend Reversal (similar to an Outside Engulfing bar)
Trend Reversal Following (confirmation....similar to an 2+ consecutive engulfing bars)
Trend Continuation (depicting sellers/buyers weakness in a uptrend/downtrend)
Trend Continuation Following (confirmation...continued sellers/buyers weakness in a uptrend/downtrend... pressure is building!)
Now, figure out how to use this Trend Phase stencile across each country pair/tf combination and you will find your concrete "Sequence" that are so repeatable and unseen to the naked eye of flipping charts.

With that said, how do you devise a Trend Following system !) without much drawdown 2) enable short-term cash flow 3) reaps the benefits of long term position trading ? I let the sequence guide me. It's not a ideal solution all the time but most of the time to grow a bank for my...
Staying in my lane...
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