If you anticipate a trend or a reversal how sure can you really be that it will happen?

[Stockmarketmap]

Just don't quit your day job ( because you think that you can be a trader )

 

[speedo]

No one knows what will happen next. The best we can do is know what is more likely to happen next.

 

[dartmus]

No one knows what will happen next. The best we can do is know what is more likely to happen next.

and how much pain the context requires tolerating before what was anticipated to happen next becomes unlikely

 

[marcoPolo21]

.
predicting isn't easy

especially about the future [Yogi may have said that]

marc

 

[murray t turtle]

You don't. That's why you size the position such that it won't blow you out if you are wrong.

%%%
Great quote-LOL, but true;
another helpful hint= thats why they named it '' trend following.'' IT's NOT named trend prediction!!

I have a trading book; that chicago trader warned ''the smarter you are the longer it takes.LOL'' True rebuke

Wisdom is profitable to direct; good question original poster T-7................................

 

[achilles28]

thats why they named it '' trend following.'' IT's NOT named trend prediction!!

I have a trading book; that chicago trader warned ''the smarter you are the longer it takes.LOL'' True rebuke

Is that really true? The smarter you are the longer it takes? Why do you think that's true?