Quote from original:
if new traders left ET and focused on research (charting on their own) they would be better off
but what do I know![]()
Quote from alexandermerwe:
I never said that trends do not exist. They surely exist, all you have to do is look at a chart (after the fact of course). But here I find a contradiction. Short term traders do not most of the times care about the trend unless they are swing traders. Most I know are contrarians anyway.
Increased volatility forces a trend follower to exit the trend early and take a loss. Getting back in becomes harder and harder. I've been there my friend, many times.
Yes, I agree with you, especially for option writer and short-term volatility plays. But although you hear often that volatility is good, it is also what kills the average trader.
Anyway, I also agree with you that finding an edge may take years for a person with above average abilities. It's just too hard, everyone is looking for one.
Alex

Quote from alexandermerwe:
All possible "simple" startegies that exploit "anomalies" in the market have been identified in the last 20 years and mean reverted thanks to CPU geometric speed increase .
Trend following startegies now suffer from increased volatility, the result being either reduced returns or huge failures.
Some anomalies still exist but very hard to identify. Only very sophisticated startegies can generate consistent returns.
One can find an edge for sure but it's becoming harder after so many smart people joined capitalism and can buy a fast computer at a low cost.
The future is a totally efficient and random market with no "legal" edge for anyone. It will be a 50/50 bet - expenses.
Alex
Quote from riskfreetrading:
Alex: there is an edge in your head. Just digg. If you need help digging, let me know. I digged before, and I have a big pick. Watch your head, we are close to the burried nugget in your head..![]()

Quote from Pension_Admin:
Hi original,
I am just wondering if one could attain both edge in trend trading and edge in range trading?
Sincerely,
Pension_Admin