BlogJune 23, 2025Michael Covel

“Not high enough to overcome whipsaws and commission costs…”

Feedback in:

I did trend following a long time ago. It did not work for me because my win pct was not high enough to overcome whipsaws and commission costs and a generally sideways market condition (IIRC, it was a while ago). I did not trade commodities or options as I did not know how to get started in those markets at that time. My reason for renewed interest is the advent of fractional trading and low/no commission trading and whether that would enable trading at a more comfortable price level and buffer the effects of a sideways market. How viable is this strategy in today’s markets amidst program trading, etc?

Owen S.

Some points:

1. I don’t know exactly what you were doing before so I don’t know if you were trading as a trend follower exactly.
2. Trend following never stopped.
3. Not sure what you mean by program trading exactly, but #2 is still true.


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