80% of the time

[ironchef]

If you want to make your life difficult, that's the way to go. If you are masochistic, take the ranging road.
I prefer the trending road as trends always make more money and the risk/reward ratio is better. Much less stress too.

When I thought it would trend, it ranged. When I thought it would range, it trended.

 

[fordewind]

So how are you - '80% rangers' are doing by the end of the week?

 

[volpri]

You trade ranges WHEN the market is ranging. You trade trends when it is trending. It ranges more than it trends.

 

[java]

Some days it ranges more and bigger and better and longer and harder and more one way than others. And then 20% of the time it just trends. If you watch cnbc they will tell you what kind of a day it is. I'm on the 8/2 cycle. 8 days of range trading then 2 days of trend trading. It usually takes 8 days for it to go out of my range so then I spend two days hoping it will trend the other way.