80 % fail at trend trading

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:
More...

An edge that works in the right hands , if executed correctly.

Only problem is finding those trends , and most get chopped out looking for those trends or lose money in those choppy days (they give it all back ).
 
Quote from oilfxpro:

Yes they do .

and I came to elite trader's rebuttal team to have a non biased discussion.
More...

How do you know there's a trend on your chart?
 
Apologies for the off topic OFX – but I need to make a small note to my self;


Note to self;

On the next occasion I find myself lacking – I am going to join a web forum where I have no clue how to do whatever it is they are doing

Then I shall proceed to tell em all – they are full of shit – and it can’t be done

Then I shall keep repeating my self – so that all members shall come to know what I say is fact (to hell whether it actually is... or isn't)

======================

Yup – I’m all over this one – like white on rice

Thank You for your patience OFX

RN
 
Quote from RenkoTrades:

Here is Natural Gas example. I trade the NG as well as CL and Forex with same charts.
More...

Thank you for posting .They do look good and I looked at others on my platform.They are so clear.
 
Quote from Redneck:

Apologies for the off topic OFX – but I need to make a small note to my self;


Note to self;

On the next occasion I find myself lacking – I am going to join a web forum where I have no clue how to do whatever it is they are doing

Then I shall proceed to tell em all – they are full of shit – and it can’t be done

Then I shall keep repeating my self – so that all members shall come to know what I say is fact (to hell whether it actually is... or isn't)

======================

Yup – I’m all over this one – like white on rice

Thank You for your patience OFX

RN
More...

My pleasure !

Now we don't want those thoughts and emotions locked inside .Always release them somewhere.

There is always something to learn by being negative and critical.
 
Quote from wrbtrader:

I find it extremely odd that you're unable to exploit "price action failures" if you truly believe in the stats that you talk about. For example, if someone says 90% of breakouts fails or 80% fail at trading trends...wouldn't common sense encourage that person to fade whatever breakouts they're talking about. Therefore, is the fade itself a successful TA technique. :confused:

My point is that if you know the stats and you're still unable to exploit the fades or doing the opposite...doesn't that say you're not a good trader.

On a side note, there's a difference between 80% fail at trading trends versus 80% trends fail. Lets see if you're smart enough to know which one implies that most traders have poor trade methods in trading trends while the other 20% are profitable at trading trend. Simply, if 20% are profitable at trading trends...doesn't that in itself implies that "trend trading" is profitable. :cool:

Oilxpro, please start thinking outside of the box along with realizing that some traders shouldn't be trading...they'll always be a failure regardless to the trade method they're using.
More...

Most of these lower time frame trends are not profitable , they lack the support of higher time frame trends .There is no edge in fading them .Only the counter trend moves and retracements are fadeable , so that eliminates another 70 %. .

If you know the statistics , you are better off picking those few trades high probability set ups , where you can clearly see market supporting your trade.

80 % of traders have poor trend trading methods.Trend trading profitable only for the few skilled trend traders.

Part time traders should not be trading real money , in experienced traders should not be trading , theorists , mentors,trading educators ,hindsight t/a merchants , book writers ,non risk takers and non trading mindset people should all not be trading...plus many others should not be trading.
 
Quote from oilfxpro:

Interesting 80 % of trends fail , only 20 % work .Out of the 20 % trends , 80 % of traders fail at trend trading ,only 20 % of the traders succeed in the 20 % successful trends, that is only 4 % success rate.

There you have it in a nutshell.95 % lose.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=236978&perpage=6&pagenumber=1
More...

NoD already pointed it out: 100% trends succeed. You first need to understand the price action and only ask questions, not ramble about it.
 
You must log in or register to reply here.
Back
Top