Search results

My point is all trends are based on past historical price action. You can not follow something that has already happened. You can interpret the past price action and make a prediction what will happen in the future. Mechanical trend followers say they just follow and react to the market and in...

Trend following is predicting that future price movements will continue in the direction of the past trend. Thus the original name of momentum investing. So yes you have a view and yes you are making a prediction on future price. It maybe simple and mechanical system but it is still speculation...