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Yes! The people who don't acknowledge the getting chopped out part are the people who have never accurately backtested or real time tested such a strategy. Did you ever end up with a way to filter out/deal with the chop?

Why is everyone on trading forums so quick to be like "JUST CUZ YOU'VE NEVER SEEN IT DOESN'T MEAN IT DOESN'T EXIST!!!"? That's absolutely true, btw, and I even acknowledged it earlier on in this thread. But I've never seen anyone else who claims to be a trend follower make money, either...

It shouldn't matter. Price is in an uptrend, therefore it is more likely to keep going up, according to trend followers. I'm curious at what point these trend followers decided "ok, based on the close of the previous bar, I am now confident in saying we are in an uptrend." MA slope...

Depends on how early they defined the trend and on what time frame.

I tried to keep it simple. I will try one more time. Trend followers say "the trend is your friend," right? Trend followers are strongly anti-bottom picking, right? Therefore, you should only enter once a trend has been established, otherwise there is no trend and you are probably...

Slight upward bias over time in the indices.

We should. The trend is still your friend, right? It's not the end of the trend, so go long! The only alternative is to go long before the trend. But wait a minute, how can you know there's going to be a trend if the trend hasn't started yet? You can't! So wait until the trend (for...

What about what I said do you disagree with?

Sure it is. "The trend is your friend!" "Don't fight the trend!" SPY is in an uptrend, right? Therefore it is more likely to keep going up than to go down. So go long!

The one thing trend followers love to do is tell you that you are analyzing the trend wrong. Of course, they will only tell you that after the trend reverses and your call was wrong. By all accounts right now SPY is in an uptrend. According to trend follower logic, we should all go long...

It's not often you see something trend sideways in this tight of a range for this long.

These two usually follow each other pretty well. What's going on recently? Ever since that gap up the Nasdaq has been going horizontally and the S&P has been going up like a boss. Is there something inflating the S&P or is there something weighing the Nasdaq down?

That doesn't even mean anything. Wait, by "cycle" do you mean "trend"? Most moving averages change slope when price closes to the other side of them. Just because that happens does not mean price is likely to keep going in the other direction, though. If it did, then this would be the...

I agree! Although I have noticed the people who get offended when asked for proof are the people who are bullshitting you. I mean it would be pretty easy to provide proof: 1) Start a journal thread. 2) Make real time calls. If you are profitable, you will have the entire forum...

If you have a system so profitable it is worth $8.5M, why not just trade it yourself and make the $8.5M in profits? What size account is required to make $8.5M off of it?

Indicators never worked. They only work if the underlying price action happens to match up with the settings of that particular indicator. For example, take an MACD. It doesn't work and you get chopped out. Change the parameters to make it faster or slower or whatever and it might be...

Yeah it's been slow and choppy recently. I never figured out how scalping could be profitable. If you've got something that works, keep it up!

Yup. X-period MA is just nothing. Sometimes price will randomly reverse there. Sometimes it will randomly reverse Y ticks above/below it. It's just a moving average.

Oh, none of them are useful. I don't have any on my chart anymore. If you could predict trend/chop, however, nearly every indicator would be useful. Even MACD.

1/28: QLD: 1,042.50 I've only been watching the Nasdaq. I didn't realize the S&P hasn't been chopping for the last month.