I think Duckster may have a roughage problem. With any luck, he'll be able to work things through. A mental block can be a terrible thing.
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POLL: Do you believe you can reasonably anticipate or identify a trend day?
- Thread starter Thunderdog
- Start date
I seem to recall liking Dackster some time back. When did he become an asshole? This place does strange things to good character, assuming you had it before you came here.
Quote from Arthur Deco:
Dackster, if you truly want to humbiliate Thunderdog, let me suggest that you post something substantive. Perhaps even as complicated as "yes" or "no."
Art,
Does it matter if i put 'yes' or 'no', does it really matter? 'Yes', i can reasonably anticipate and identify a trend day. But that isn't the point, is it? A trending day is accompanied by other 'signatures', some before and some during the 'trend'.
Yours,
Dackster.
Quote from Thunderdog:
Do you believe you can reasonably anticipate or identify a trend day?
Quite simply, yes.
Every trading day has a trend. Some trading days contain more than one. One need not know how long a particular trend will continue. A trader only needs to understand how the market signals a beginning and an end to a particular trend. Since all trends overlap, where one trend ends, another begins.
- Spydertrader
Quote from Arthur Deco:
I seem to recall liking Dackster some time back. When did he become an asshole? This place does strange things to good character, assuming you had it before you came here.
Art,
We are all assholes, it's just that certain 'situations' bring out the asshole in different people. I'm an asshole when i read rubbish about 'trending' days on the markets.
Yours,
Dackster.
Thunderdog, my betters have spoken. Carry on without me.
Quote from Spydertrader:
Quite simply, yes.
Every trading day has a trend. Some trading days contain more than one. One need not know how long a particular trend will continue. A trader only needs to understand how the market signals a beginning and an end to a particular trend. Since all trends overlap, where one trend ends, another begins.
- Spydertrader
after reading this post i realized DUH! thats how i make money with my strategy. i did not think i was predicting trends but in reality my strategy does exactly this. any working strategy does this in effect. the word 'trend' may need to be further defined. i guess you could say a successful scalper predicts trends just much shorter term. so to revise my previous answer i will have to say yes i can.
Quote from Arthur Deco:
Thunderdog, my betters have spoken. Carry on without me.
Art,
Please, do not refrain from adding more content to this thread. Ok, it started off bad, but i can only imagine it to get better and mature with time. For what it's worth, i totally agree with what you said about 'legs' and pullbacks. It is a very simple but effective way of trading strength and sentiment within the market.
Yours,
Dackster.