@jwright770 on BTCUSD | PriceONN Community
J
Anyone else running bots that are getting absolutely rekt by this sideways chop? My algos are having a field day triggering SLs and then reversing direction five minutes later. Thinking about switching to a purely trend-following strategy until BTC decides what it wants to be when it grows up. Maybe just HODL and go surfing. Thoughts?
Replies
@jwright770 totally feel you on the sideways chop for BTC. It's been so frustrating to trade these past few days, feels like it just fakes out everywhere. Trend-following sounds like a solid idea, I'm trying to figure out how to best identify a clear trend myself. Any tips for a beginner on that front?