Looks that way. But no. The reason behind the buys is fundamental and sentimental. And as shown in my thread, tactical.
Usually trend following refers following trends blindly based on just the fact there is a trend. Again no edge here anymore. My stuff is different
I've never understood why people start out trying intraday. Use 3 time frames. Weekly, Daily and 4hr. Decide which day to buy, and use the 4hr stick to time the buy. Make sure it's all in the direction of the weekly momentum. Otherwise, wait. Learn about negative divergences. As price moves towards support/resistance, learn about M's and W's. There are many types. Then learn about relative M's and W's based on momentum (%b is a good way to identify). If price moves in V shapes, wait for another setup, as it's gone. It's really not rocket science. Figure this out before you go shorter time frames. Or, you know, you could continue to bang your head against intraday without understanding these concepts. Either way, it's your time and money.
There is more and more unnecessary information in that thread. Which particular posts do you have in mind?
I've never looked at CTA performances, I'm not sure how comparable their trading is to mine. But do you mean CTA's found that prices don't trend at all, or just that they do trend but they made a loss by following the trends?
maybe there is little committed counter trading against the rise/fall. this often happens at the beginning of a bear or bull move,when traders do not trade since they are not sure of the trend
yes of course there is no edge-you are doing what the others are doing and that is the most sensible thing to do.and that is why you make money. also to change the trend the market needs to take a lot of time and work for a long time,fir a sustainable change of trend so you as a trader gets plenty of warning about the impending change. so all this makes it sensible just to follow the trend