There are a million ways to define a trend in hindsight after one has begun. The problem is quantifying when a trend ends and when it begins in real time, and having that definition result in a positive expectancy method. When does a trend end, and when is it a pullback? That is literally the million dollar question.Hello smallfil,
If trading with the trend is the key to success, then why every trader is not making money?
Please very very specific in your response.
Thank you,
There are many detailed definitions of a trend that have been posted publicly (Turtles being the most famous), but are these still profitable trading methods any more? I doubt it.