Markets always go through different market 'states' - either trending or non-trending, stable or volatile.
During the last couple of years it has been difficult (but not impossible) in making money adopting a trend following approach, for me using my preferred timeframe and parameters. That is the nature of the beast. You cannot force the market to march to your beat. You can only take what it is prepared to give you.
It is when things are against you that developing the skills in cutting losses, being patient and disciplined in controlling their risk and market exposure will pay dividends.
But as I said in this post, the tide can turn at any time, from one market state to another, which may better suit your own preferred method, timeframe or parameters.
Remember we are looking to play the trading game possibly for the next 30-40 years. It is the compounding of returns, while utilising a method that has positive expectancy which you can follow, combined with good risk control, which will enable you to achieve solid long-term performance.
As it is, 2017 has started promisingly. While I have been stopped out of some trades which started off well before reversing, with the current open profits on my remaining positions, I am close to eliminating the drawdown I have been in for a while, and therefore near to making new equity highs.
While these open profits could easily evaporate overnight, it again shows how by aggressively cutting your losses and remaining disciplined in your approach, you keep the drawdowns you suffer as shallow as possible, making it easier to recover.
It also shows how quickly things can turn around once you get into one or more positions where price starts to move in your favour.