Yes it does Surfer. I define trend following as: - perceiving a trend by some means - entering with a breakout or pullback (your choice) - exiting with a target based on market structure or with trailing stops. And it works __________________ The things people believe in are usually just what they instinctively feel is right; the justifications and arguments are the least important part of the belief. That's why you can win the argument, prove them wrong, and still they believe what they did in the first place. You've attacked the wrong thing. So what do you do? Agree to disagree. Or fight. - C. Zakalwe.