Hello MikMason,
Why are u so obssessed with trend following systems not working? It is as if u don't want them to work. Sorry, but u are talking absolute rubbish when u say that automated system lose money. Well, not all of them. Some of the best systems are automated. It is hard to make money out of a ranging market, but in the
fx market there are almost always enough movements up and down to make money with a trend following system. Ed Seykota is still trading apparently. Cheers.