That's true for the regulars. But there is a new crop of BBB who remains anonymous.
Trendfollowers: When oh when are we going to start making some $$$?
- Thread starter Ash1972
- Start date
That's true for the regulars. But there is a new crop of BBB who remains anonymous.
Trust them with what? I don't get it.
You said, "Wonder how fast the BS would last if we all had to reveal our real names?"
If someone won't give me their real name I know from the start not to trust a word they say.
Once that is off the table I then confirm that they say.
If it's not able to be confirmed, again I don't trust a word they say .
Ok
There' money to be made...Common sense will take you alot farther than the formulas...
Date Symbol Description Commission/Fees Interest Amount Avg Price
4/18/2011 AAPL BOUGHT 275 SHARES OF AAPL AT $328.50 ($7.00) $0.00 ($90,344.50) No
4/13/2011 AAPL SOLD 280 SHARES OF AAPL AT $333.00 ($8.80) $0.00 $93,231.20 No
Date Symbol Description Commission/Fees Interest Amount Avg Price
4/18/2011 AAPL BOUGHT 275 SHARES OF AAPL AT $328.50 ($7.00) $0.00 ($90,344.50) No
4/13/2011 AAPL SOLD 280 SHARES OF AAPL AT $333.00 ($8.80) $0.00 $93,231.20 No
trendfollowers will wait forever until some decent trends will bring them money.
instead of making money every week, they wait and wait... and wait.
and when it seems they have finally make it.... the "trend" reverses so rapidly and immensly, they lose again.
only those who scalp, arb, play against the trend=crowd can make profits.
its silly to trade like a trend follower.
do you realize, that if trend following could work- simple moving averages would work?
what is the need for all those PhDs and nobel prize winners in hedge funds?
you gotta make your trading systems hyper sophisticated. 1500 lines of code minimum. high barriers to entry- the only way stay ahead of the game.
instead of making money every week, they wait and wait... and wait.
and when it seems they have finally make it.... the "trend" reverses so rapidly and immensly, they lose again.
only those who scalp, arb, play against the trend=crowd can make profits.
its silly to trade like a trend follower.
do you realize, that if trend following could work- simple moving averages would work?
what is the need for all those PhDs and nobel prize winners in hedge funds?
you gotta make your trading systems hyper sophisticated. 1500 lines of code minimum. high barriers to entry- the only way stay ahead of the game.
Why do you trade oddlots? Just curious. Thanks.
I hope you're being sarcastic ...