Quote from GetWhatUDeserve:
It depends on the beliefs you have about the markets. If you believe market behavior is purely random, then my discussion below does not apply. If you believe that then you are not alone. For example I had a college professor who stood on a soapbox for the Random Walk Hypothesis regarding the markets. I noticed over the years that while I would listen and discuss it with him, as I traded, I became more wealthy while he did not. Just food for thought.
you became wealthy and he did not......
that certainly could be attributed to random distribution and risk taking behavior, no ?? furthermore, obviously, the market is random within certain parameters.
otherwise, great post. your opinion, please--- is it prerequisite to have large sums of capital to properly execute and profit from the "trend trading" strategies?
thanks.
JG
JG

