trend following delusion shattered

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Quote from austinp:

Surf, I spoke in two completely different context of topics

#1: John Henry has made billions from trend trading

#2: apart and away from position trading like Henry and others, intraday trading as many of us prefer is likewise most profitable when traders ride the directional swings rather than attempts to "scalp" the wiggles and blips counter to those short-term intraday trends.

One example had nothing to do with the other, sorry about that confusion :>)


ok, thanks!

surf
 
Quote from Thunderdog:

*Yawn*

Forgive me, but having an exchange with you is like trying to have a conversation with an answering machine. I've already heard this outgoing message...
Classic. :p
 
Quote from steve46:

Well surely there is an audited record of your "fund's" performance? Or your personal trading performance. After all, you have been asking everyone here to provide data. Where is your's? I am sure we would all love to see confirmation of what you have just claimed.

Steve


send me a request via documented email, i'll be happy to forward it to you.

surf
 
Quote from Thunderdog:

Steve, surely you know how much marketsurfer hates to draw attention to himself.

I expect him to announce that he is going on vacation again very soon. You know the drill...Hello this is Surf signing out from 45,000 feet above the Pacific Ocean. I have taken profits and am going to vacation in Tonga with several of my native wives.

:D

Edit:

Lets be clear on this one point. If you are a retail trader (as I suspect), I don't want to see your trading records. Every private citizen (you included) deserves privacy. I defend that principle for everyone. On the other hand if you are a fund manager and you claim that you make money other than using trend (as you imply in this thread) then I would like (as would many others of us) to see the evidence of that. Like any respectable fund manager, you should publish an audited record of your performance.
 
Quote from Cheese:

Isn't it wonderful?
A thread about 'trends' but what 'trends' are being alleged as valid by trend followers?

Ones that go from a top to a bottom or vice versa? Well apparently trend followers don't pick tops and bottoms. So may be it can only be part of any such 'trend' .. somewhat after it starts, yes?

Is it a grand underlying trend? From yesterday to tomorrow perhaps? Yes or no? Or is the trend decided by MA crossovers? Now thats an 'oldie'.

Or even, is it a secret formula?

Well I don't use the notion of 'trend' because there is whole market day (eg YM) of moves to utilize. Are these mini-trends? Well hell I won't argue against a terminology differing from mine.

But one thing is sure. You of course have to play the gyrations; buy the upmoves and sell the downmoves.
So it will pay to stay so can play the day for all the money you can take away.
:)

After 244 pages of discussion, has a common consensus been reached on the defintion of "trend"? It appears not... Considering the fact that the thread is about trendfollowing, perhaps some effort should be put in to analyse each of your views of "trend", and how it has affected your understanding of the word "trendfollowing", before you all attempt to base your arguments on it.
 
Quote from Yee Sian:

After 244 pages of discussion, has a common consensus been reached on the defintion of "trend"? It appears not... Considering the fact that the thread is about trendfollowing, perhaps some effort should be put in to analyse each of your views of "trend", and how it has affected your understanding of the word "trendfollowing", before you all attempt to base your arguments on it.


as i have stated previously, my definition of trend following is the commonly understood one as outlined in the best selling book of the same name.

best,

surf
 
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