Hi greaterreturn,
I think you never know if you are on the right side of the market, but you can measure if "the coin" is biased and play the probability game.
ZB
How do you define a trend? Sma up/down, linreg slope up/down or some distribution mean drifting up/down?
Or do we only see something that does not really exists, only different shapes of random?
ZB