Is classical Trend Following still alive?

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LOL;
it can work well in some markets.
Some did so well with REALTORS+ Real Estate/ but they tend to hold more than 20 weeks or 200 days LOL. I like other markets better than RE, in 2023
Jack Schwager top traders could help with some clues.
Larry Mint Hite, the Respecter of Risk, remembers someone shared some market wisdom = ''Larry when you are on a motorcycle, never argue with an automobile\you will lose''

 

It seems to me that classical trend following will never get obsolete or archaic.
Basically, I believe that every trader should pay attention to the trend in the first place and then paying attention to his strategy, like some indicators, patterns and whatever.
Trend determines the price direction in the current period, depending on the timeframe you check. So, never go against trend even if you notice a certain pattern which indicates reversal, verify the trend finish via higher timeframes.

 

For this amateur retail, trend following is the only day trading method that is profitable. Nothing else worked for me.

 

Zoom out 30 years and the market shows clear uptrends, downtrends, and a cliff drop from August 2008-March 2009.

I am wondering if any trend following strategy would beat a simple get in and get out moving average crossover strategy that anyone could do.

 

As an old timer, my experience as an average investor is, over multi years, time in the market is more important than timing the market.

Day trading is a different animal.

 

Yeah but a 200MA is actually 100 days, it may countback 200, but an average of 200 is 100.

 

20 weeks is 100 trading days, it's way too late for efficient trading, you lose too much in slippage and using MA's to 'smooth out' noise or whatever, well you also smooth out efficiency.

 

You are right, again.

 

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Good + good year /good years........

 

Trend following is always alive. Just that it has long periods of mediocrity and drawdowns. Not a method for everyone.