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The Art of Crypto's trend-following system makes money in clear directional markets but fails in sideways, ranging conditions. Success means knowing when to stay out entirely, not just when to trade.
The Art of Crypto's trend-following system makes money in clear directional markets but fails in sideways, ranging conditions. Success means knowing when to stay out entirely, not just when to trade.
Eventually, the conditions where the market is just pumping straight up is going to come back and things are going to be a lot easier. But part of what it takes to succeed in trading, especially in the long term, is learning when you should stay out of the markets. And for this system in particular, it absolutely just gets destroyed when the market is in ranging conditions. After all, this system that I'm trading right here, which by the way is a really profitable system, but at the end of the day, it is a trend trading system, which means that it's optimized when the market is moving unidirectionally, which basically means like it's going in one direction. Now it doesn't need to be fast, but it needs to be clear and trending, and that is when this system performs the best.
