Trend followers always prepare for drawdowns after strong periods of performance.
An absolute return strategy means you are trying to make the most money possible.
The fact that markets are volatile is not a problem. The problem is you if volatility scares you.
Trading is a zero-sum game in an important accounting sense. In a zero-sum game, the total gains of the winners are exactly equal to the total losses of the losers. Trend followers go to the market to trade trends.
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