How do you know these guys use watchecall "trend following" ?
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trend following delusion shattered
- Thread starter hank rollins
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I love these "Trend" threads. It really separates out the "new technology leaders" from "the old school followers" . . .
Technology has progressed 100 fold in the last 15 years but some still clutch desparately to that coin which they toss at the beginning of each trade.
Makes no sense . . . no . . . makes perfect sense.
Technology has progressed 100 fold in the last 15 years but some still clutch desparately to that coin which they toss at the beginning of each trade.
Makes no sense . . . no . . . makes perfect sense.
Quote from ProfLogic:
I love these "Trend" threads. It really separates out the "new technology leaders" from "the old school followers" . . .
Technology has progressed 100 fold in the last 15 years but some still clutch desparately to that coin which they toss at the beginning of each trade.
Makes no sense . . . no . . . makes perfect sense.
professor,
you use the same buzzword in most of your posts--"technology". kindly enlighten the more brutish among us, what exactly/specifically has progressed 100 fold in trading tech over the last 15 years?
thank you,
surfer
TRENDS are here forever........if you pull the trigger to enter a trade you are in a trend...........the price is always in a trend........you can't dodge it.........."it went sideways all day" sorry but that is a sideways trend.........."friday was a trend day..........it doesn't take a genius to recognize that......or trade it.......
Quote from porgie:
TRENDS are here forever........if you pull the trigger to enter a trade you are in a trend...........the price is always in a trend........you can't dodge it.........."it went sideways all day" sorry but that is a sideways trend.........."friday was a trend day..........it doesn't take a genius to recognize that......or trade it.......
what number of moves in the same direction increase the odds the subsequent move will be in the same direction?
i am not trying to be difficult, just trying to quantify what you are saying so that it can be tested thus converted into a useful trading axiom.
thanks,
surfer
lol
Quote from porgie:
TRENDS are here forever........if you pull the trigger to enter a trade you are in a trend...........the price is always in a trend........you can't dodge it.........."it went sideways all day" sorry but that is a sideways trend.........."friday was a trend day..........it doesn't take a genius to recognize that......or trade it.......
Really? Tell me if you feel the same way next time you buy the top prior to a reversal.
In the interest of completeness, pyramiding can guard against this, but your post mentioned nothing of the sort, so I won't assume you know anything about it.
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