The TREND is your friend.. The biggest lie ever!

i am nobody said:
Trends exist in any timeframe.
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I totally agree.
You must have trends for day trading and I want that trend to start as soon as I get in, otherwise you are numbskull and want to lose?

I do well trading the chop, but it not like I just started trading chop, and I have firm belief that the trend will start as soon as I get in the trade, pullbacks often have a couple minutes of chop, so it is chop within a trend. And if you have half hour of chop, you go back far enough, that too can be chop within a trend. Go to higher timeframe and what was lots of chop on one minute is a pullback on five minute bar.
 
Trend is your friend ...
That's for the desperate ones.
Who can't stand to be alone is this world of lie.
Fortune are made and lost. Everything's uncertain.
Some can't stand this state of fuzziness. They need stability.
They need more than that. They need friendly stability.
They got hammered. In other words, They are losers.
And they continue to get smoked believing that ..
The trend is your friend. When there's actually,
Only wolves in that world of fear and greed.

The trend is your friend.
It's irrational for the individual.
As it Doesn't foster survival.
However wolves need sheeps.
Therefore it's rational for the collective.
 
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i am nobody said:
False.
Trends exist in any timeframe. But the smaller the timeframe the smaller the range to make profits as intraday trends are much smaller than weekly or monthly trends. Because they are smaller they require more and other skills. On intraday trading you cannot miss 50% of the move, because there will be almost nothing left. Whereas in LT trading missing 50% still leaves enough meat on the table.
I trade the trend intraday and I survive. I even make money. :wtf:
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Your posts always make we wonder if I'm asking myself the right questions and solving the important problems. Thanks again for another great post.

:)
 
dratsum said:
Your posts always make we wonder if I'm asking myself the right questions and solving the important problems. Thanks again for another great post.

:)
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:)

I always start with simple logical things. And then the challenge is: how far I can go within the limitations of my intelligence, my analytical skills and my logical thinking.
Sometimes it is surprisingly easy to improve your trading and sometimes it looks like impossible. But impossible is time related. So it happens that after 25 years of trading I finally resolved a problem that looked as impossible to solve. The question: "why is this happening in the market now?" can be answered now. And performance improved significantly because I do less trades with more profit per trade and bigger overall profit. My broker is not happy because paid commissions go down.

Becoming a good trader is a continuous and never ending story of new challenges, new studies and new discoveries. Without passion you will never have enough motivation to do this. You start doing this for money, but after some time not the money, but beating the markets and everyone else becomes the ultimate goal.
 
Trends exist in every instrument all the time on some time frame. Find the time frame that is trending and trade with the trend. You'll make money.
 
i am nobody said:
:)

I always start with simple logical things. And then the challenge is: how far I can go within the limitations of my intelligence, my analytical skills and my logical thinking.
Sometimes it is surprisingly easy to improve your trading and sometimes it looks like impossible. But impossible is time related. So it happens that after 25 years of trading I finally resolved a problem that looked as impossible to solve. The question: "why is this happening in the market now?" can be answered now. And performance improved significantly because I do less trades with more profit per trade and bigger overall profit. My broker is not happy because paid commissions go down.

Becoming a good trader is a continuous and never ending story of new challenges, new studies and new discoveries. Without passion you will never have enough motivation to do this. You start doing this for money, but after some time not the money, but beating the markets and everyone else becomes the ultimate goal.
More...
What you said make sense to me. Very long term, like decades there is a definite trend in the value of GDP/SP500... My very long term holdings (l am talking years) are all doing fine.

Intraday, I had difficulty spotting any significant and consistent methodologies and my day trading journey was a complete failure. I gave that up quickly. Now I am creating a small portfolio trading options, maybe I will end with the same bad outcome as day trading?
 
K-Pia said:
Trend is your friend ...
That's for the desperate ones.
Who can't stand to be alone is this world of lie.
Fortune are made and lost. Everything's uncertain.
Some can't stand this state of fuzziness. They need stability.
They need more than that. They need friendly stability.
They got hammered. In other words, They are losers.
And they continue to get smoked believing that ..
The trend is your friend. When there's actually,
Only wolves in that world of fear and greed.

The trend is your friend.
It's irrational for the individual.
As it Doesn't foster survival.
However wolves need sheeps.
Therefore it's rational for the collective.
More...

price will go..but 3 ways so:fistbump::thumbsup::thumbsdown:
when it at first..there's little thirst:fistbump:
if goes to two..we drink a few:thumbsup:
and soon we feel..this is unreal:)

when third appear..many do fear:thumbsdown:
but reason be..they can not see:banghead:
once first is last..it's in the past:wtf:
and as sun rise..no real surprise:D

J_S
 
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