Determining the Trend

Discussion in 'Technical Analysis' started by Dollardogs, Jun 17, 2025 at 8:47 PM.

  1. Dollardogs

    Dollardogs

    I really don't mind if price runs away after I exit. Never have. I just prefer that higher win rate over higher risk to reward, and like I said, I get way more frustrated by being up let's say 25 ticks and it falls back to zero. To use the obvious baseball metaphor, I'm more comfortable being a 'singles hitter' rather than every trade being a home run or a strike out. Maybe I'll change eventually on that, we'll see.
     
  2. SunTrader

    SunTrader

    Striving for a higher win rate leads one onto the road to ruin.
     
    rb7 likes this.
  3. Finding the trend is a technical exercise, because the price and the trend don't always go in the same direction. Makes no difference what time frame you are working in. The definition of a whipsaw is the trend re-exerts its force over the price.
     
  4. Dollardogs

    Dollardogs

    What's that mean?
     
  5. It means if you are going to trade by following the price, price pattern, support-resistance etc. without regard for the applicable trend, don't be surprised when you find yourself on the wrong side of the trade.