It is my good fortune that my livelihood does not rely on convincing you of anything one way or another. However, for your information, I have already addressed the issue much earlier in this overlong thread and feel no compulsion to do so again. That you have chosen to ignore what I had written earlier by asking me the same question again is neither of concern nor surprise to me. However, there is an undeniable comfort to be had in your consistency. In any event, please excuse this unnecessary distraction. I don't wish to keep you from reveling in your all-knowing self-satisfaction.
trend following delusion shattered
- Thread starter hank rollins
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Quote from illiquid:
I think the question here is anticipation of a trend before it occurs vs "follow" it after it's already started -- otherwise, I'm sure any trader would love a trend in any time frame, as long as it was in his direction
I agree and I do both as I am sure you do too.
You're absolutely correct. It is the shear definition of trend.
And yes there is an answer and that answer will vary depending on the rules a particular Trend Follower adheres to. Someone that loosely defines a trend will have a lower percentage of accuracy than someone who follows strictly defined rules inside a strictly defined environment
The problem for you becomes that you can not lay out a strict definition of the environment that those UP/DOWN chart increments are to be created in (Whether Trending increments or Trading increment within that specifically defined Trend). Not only can you not do it, you refuse to learn how to do it or even admit it can be done. So the only reference point you will admit to is the one that follows the loosely defined trend because that is something you can continue to argue about. God forbid you actually did the research to verify something all on your own the world would probably come to a crashing halt.
So be it but I'm tired of having this battle with an unarmed man.
You have had this argument in this forum for the over 2 years I've been here and I know it has gone on longer than that. So as far as I'm concerned, as long as this mental block of your keeps reoccurring within your environment . . . it will never be something you will ever overcome.
if i pay you $2500.00 will you show me how and answer the simple question??
LOL, give it up ! your "i am not a vendor" act is getting old.
surfer
LOL, give it up ! your "i am not a vendor" act is getting old.
surfer
Quote from illiquid:
I think the question here is anticipation of a trend before it occurs vs "follow" it after it's already started -- otherwise, I'm sure any trader would love a trend in any time frame, as long as it was in his direction
Any Trend Trader worth their salt doesn't trade based on the anticipation of a trend, they trade with an established trend. If you can't strictly define a trend within a specific chart increment time frame then you will always be anticipating one.
please define trend and how long does a trend have to be to increase the odds of continuation into the next time frame?
thank you,
surfer
I never EVER make mention to my college classes I teach. Why must you?
I offered you my class for free and you turned it down. You said you would adhere to a 3rd party assessment of my class. You got one that was a rave review and then simply ignored it so you could continue your tirade. You are not an honorable person. What's new.
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