Market regime: sometimes the best trade is to sit out

Not all return comes from picking well; part comes from knowing when not to play. A regime filter decides whether the environment is favorable or whether it's better to stay in cash.

In very volatile assets, that gate can be the difference between weathering a drop or eating it whole. Right now, for example, some of our bots are in cash on purpose because the regime isn't supportive.

Being flat isn't doing nothing: it's an active risk-management decision. Protecting capital in the wrong regime usually beats forcing a signal.