80 % fail at trend trading

freewilly · Oct 28, 2012

Quote from Wide Tailz:

If 80% fail at trend trading, and 95% fail at trading, it would appear that trend traders have a 15% higher chance of success when compared to the entire population of traderz........

an edge, in other words.

:eek:

EPIC!

trader198 · Oct 28, 2012

people buy life insurance.

the reason is not because of its probaility. based on statistics, people aveage live at 70~80 (high probability), a yound guys at 20, or a baby just born, it almost does not make sense to buy life insurance.

the reason is the impact of death is huge or the loss is huge.

the results decide what decision you should make, not the statistic probability!

kut2k2 · Oct 28, 2012

Quote from oilfxpro:

Enter the the trend , or the false trend cause there are greater fools to buy false trends , and exit before the trend ends...leaving the failed trend trader with a failed trend.

Define "false trend."

Mr_You · Oct 28, 2012

I'm really glad this forum is so active, but some folks here are very very confused. People shouldn't try to discuss something they don't understand. This thread being an example.

Thanks to NoDoji for trying to help the clueless, unfortunately I feel that time is better spent on something else.

cornix · Oct 28, 2012

With trend intra-day setups are best of the best in any market, including currencies, which trend very well and more often than stock indices.

achilles28 · Oct 29, 2012

Quote from cornixforex:

With trend intra-day setups are best of the best in any market, including currencies, which trend very well and more often than stock indices.

Hey Cornix

I recently switched to equity index futures, and to be honest, I prefer them (es, ym). The setups I trade, manifest a bit cleaner than forex. Altho, like you eluded too, it comes down to volatility. If forex picks up again, it will be the go to choice. All the best.

cornix · Oct 29, 2012

Quote from achilles28:

Hey Cornix

I recently switched to equity index futures, and to be honest, I prefer them (es, ym). The setups I trade, manifest a bit cleaner than forex. Altho, like you eluded too, it comes down to volatility. If forex picks up again, it will be the go to choice. All the best.

Hey 28,

That's very interesting but surely is just another evidence how "everything works" in the right hands. Wish you good trading!

achilles28 · Oct 29, 2012

Very true. Ime, it's all the same.

:eek: :eek:

oilfxpro · Oct 29, 2012

Quote from kut2k2:

Define "false trend."

There are no fundamental drivers to prices , short or long covering driving prices , maybe false reaction to price driver news , trends are choppy , stochastic are diverging , prices are making either higher highs or lower lows and prices are crossing ema 23/lwma 18.

Here you have trend breakdown scenario.

oilfxpro · Oct 29, 2012

Quote from Mr_You:

I'm really glad this forum is so active, but some folks here are very very confused. People shouldn't try to discuss something they don't understand. This thread being an example.

Thanks to NoDoji for trying to help the clueless, unfortunately I feel that time is better spent on something else.

This is the what is so wrong with forums , 66 % of trends do not reverse , that is statistics.

Believe what you want , but don't buy false statements as true.