All traders are trend traders :)

I've always tried to avoid jumping into a trend and have always looked for reasons why directional moves reverse and tried to bet on those reversal points.

 

Spreaders are all dead, I guess.

 

I'm inclined to believe that. But once you nailed that reversal point, you need to milk it.

 

define trend trading. What are the inputs

 

I think you may have missed my point; perhaps I was unclear. But we do agree that a profit target does not imply the need to exit:

But why discrete points of assessment rather than continuous? What if the market does something notable between two such profit/assessment points? Do we ignore it? This is one of the reasons I think the concept of targets is superfluous. The other reason is this: If the market does reach your target and looks to remain solidly in trend, would you exit? Probably not. So what is the point of an arguably arbitrary target?

I question the veracity, or at least the stability, of such averages in a dynamic environment.

 

Are they not looking to catch trends (i.e., directional movement) within the spread?

 

Directional movement within the context of your time frame.

Price, mostly.

 

another good point that i hadn't thought of.

thanks

toucan

 

i agree. but once you are in then you expect price to move/trend in the direction of the trade.

cheers
toucan

 

I remember I once had a time where it ‘felt’ I was always wrong in direction. Like magic it always turned immediately against me. Like a conspiracy. Ofcourse you know it can’t be reality, but I was always curious how this could be. The best possible explanation I found was that it was just the variance (or volatility) which is present at 99% (or whatever high percentage) of all ‘price points’. This in combination with too much leverage creates a system which by definition must lose. Or not?