The markets are the same now as they were five or ten years ago because they keep changing-just like they did then

To avoid whipsaw losses, stop trading.

Markets are fundamentally volatile. No way around it. Your problem is not in the math. There is no math to get you out of having to experience uncertainty.

Trend following is an exercise in observing and responding to the ever-present moment of now

Trying to trade during a losing streak is emotionally devastating. Trying to play 'catch up' is lethal.

If you can't measure it, you probably can't manage it Things you measure tend to improve.

Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.