Trend followers: What you do with your spare time when there's no trend?
- Thread starter crgarcia
- Start date
wrong preface...there is ALWAYS a market that can be traded...trend or no trend...it is about developing EAGLE eyes for that trade...
Disagree -
Quote from marketsurfer:
they lose money.
see JWH, and the other gods of TF for recent examples.
surf
http://www.elitetrader.com/vb/showt...&highlight=trend+following+delusion+shattered
Surfer, question for you
What do trend-bashing traders do when there are trends?
Let me answer it for you - they blow up
Losing money is hell of a better than blowing up don't you think?
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What if ''no trend ''unquote???????
Every trader sells something ,Dmaria;
unless you think Warren Buffet was speaking literaly when he said ''buy & hold forever'' LOL
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Like Kiwi trader comments;
find a different market.
Also a sideways trend-friend [cash markets] in a downtrend tends to be down;
sideways trend in an up trend-friend[cash markets] tends to be up.
So even a sideways trend is still a trend,
may want to avoid,[ when possible] sideways ttrends as much as possible;
unless you sell derivatives.
Also walk some;
good exercise & trading is not life.
Murray , nickname T turtle,
dont know if i am retated to murray ruggerio, but like that name.
Way back when I started, I figured out that you can run with the trend, or fade it, and that there are times for one, and times for the other. The fade times are the times when those who don't research enough think the market is just chopping around aimlessly.
This is not true. It's just telling you to use things like regressions and frequency distributions instead of MA's and methods that are derived off them. For some reason, people find Stats 101 to either be a) too hard, or b) not relevant to trading the markets. Some charting programs include variants of different stats-based methods, but judging by what I read around here, they're probably the least-used features in these programs.
Not that I mind...
This is not true. It's just telling you to use things like regressions and frequency distributions instead of MA's and methods that are derived off them. For some reason, people find Stats 101 to either be a) too hard, or b) not relevant to trading the markets. Some charting programs include variants of different stats-based methods, but judging by what I read around here, they're probably the least-used features in these programs.
Not that I mind...