I'm NOT a HFT algo scalping fractions of cents. I'm trading intraday price swings for a minimum .20 profit. I'm using price action setups where traders are trapped out of good trades or trapped into bad ones. These setups have sufficient positive expectancy that even a 50/50 money management plan would still work. Surf, you're speaking from an institutional environment where either machines are trying profit from fractions of cents all day long, or money managers are positioning, rotating, and hedging risk for longer term plays. Two very different environments and rules that work well for one do not work well for the other.
I don't know, but my guess would be if any strat has a name (such as Donchian) that is known to anyone other that the person who created it, then it probably wouldn't continue to work well unless it's been modified in some way. That's just my guess/opinion.
Did you get stopped out on Nov 2nd or just right now? It did go 200 pts your way, but I think it hit your SL the next day...
Hi CF: The building blocks didn't change much; trends, pullback all happened in 2008 and now; just way more vola, and a lot of bullsh1t worked then the good old days
Surf, here is a lesson from Pekelo's School of Fortune telling: Market is down by 1.5 % right now.... This is how you make money...
SUper star trend follower Dunn Down 6% last month per reliable inside source.. Stay away from trend funds or trend following.