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Since 1/1/2013, only two TA strategies (MACD and Exponential MA) have outperformed Buy & Hold.
Since 1/1/2014, various MA strategies have outperformed. 2015 start date looks similar.
The worst strats since 2013 are KBand, RSI, CCI, BB, Stoch. Down since BTC was $13.30!
Since 1/1/2014, various MA strategies have outperformed. 2015 start date looks similar.
The worst strats since 2013 are KBand, RSI, CCI, BB, Stoch. Down since BTC was $13.30!
Bad TA is not just marginally bad--it can mean being net down trading an asset that has gone 1,500x and is still 250x from start date.
Look how bad RSI style strategies are for crypto relative to people's insistence on using them.
For ETH since Feb 2018, even though Buy&Hold is the absolute worst strategy, KBand/BB/RSI are pretty close behind.
Trend-following sounds easy but is psychologically contrarian.
For ETH since Feb 2018, even though Buy&Hold is the absolute worst strategy, KBand/BB/RSI are pretty close behind.
Trend-following sounds easy but is psychologically contrarian.
Finally, below we visualize all the strategies on a chart for BTC since Jan1st 2013. Indeed we see a sea of steaming trash and some reasonable out-performance from 2 basic trend-following indicators.
P.S.
For much of 2017, Buy and Hold was actually the best performing strategy since Jan1 2013 of ALL TA strategies possible. This can easily become the case again if we go on a bull run at some point.
For much of 2017, Buy and Hold was actually the best performing strategy since Jan1 2013 of ALL TA strategies possible. This can easily become the case again if we go on a bull run at some point.
