Disliked{quote} Another thought... You state that the big fishes are what feeds the trend follower, I know that big eaters (funds, institutions) go for big trends that can last really long, so in that sense your statement is correct. Now, how many between us are big eaters ? How many can afford to wait so long before banking decent profits (at our scale) and in top of that big fishes make big waves (drawdowns) making it quite difficult to stay with the trend unless you have big pockets, and here we are back to institutions. The other point that we shouldn't...Ignored
Each pair had at least 1 run per year and as many as 4, but the average was about 2 for 6 weeks each. Meanwhile the rest of the time was spent floppy about with only short term profitable trades - but some could be very profitable and more than cover the costs of trading.
Seems to me that a blended strategy which capitalizes on both possibilities is the way to go. With this in mind I am trying out Single Entry(SE) Multiple Exit(ME) trades, taking off some profit early and trolling for the occasional longer run.
I recall that several authors, including G., have noted that something like only 3% of their trades account for 90% of their profits. And at that much of the profit was derived from Stacking trades.
Best, AG
Do not dwell in the past, do not dream of the future, concentrate the mind.
1