Niederhoffer thinks "follow the trend" sucks

Discussion in 'Trading' started by GloriaBrown, Jun 18, 2015.

  1. So long as the trade is pointed in the direction that the market is moving, who cares what we call it, eh? :)
     
    #181     Jun 23, 2015
  2. Once again, i agree with this. My time in your nation must have sent good vibes to the population as you seemed to have undergone an attitude adjustment.

    Clearly trend matters after a directional trade is entered. My argument is that trend does not matter prior to entering the trade. In other words, trend is subjective, can not be objectively defined, and is the wrong way to think about market price.

    Last i heard the great trend follower ed seck$t@ agreed with me.

    surf
     
    #182     Jun 23, 2015
  3. monoid

    monoid

    My Lord, how do Thee define "objective"? The lowly Webster defines it as

    based on facts rather than feelings or opinions

    Do Thee suggest that the definition of trend as defined by many Trend Traders as "higher highers and higher lows", or "lower highs and lower lows" exists only in their "feelings or opinions"? Is it even remotely possible to construe aggregated T&S data (aggregated in whatever time frame, or other aggregation criterion, they use) as facts?

    Can Thee care to educate and enlighten us?
     
    #183     Jun 23, 2015
  4. My bet is that if you interviewed your brother and spent time observing and talking with him --you would know more about neurosurgery than most ---
     
    #184     Jun 23, 2015
  5. monoid

    monoid

    Qualified enough to debate with other Neurosurgeons .... yes, right! :)
     
    #185     Jun 23, 2015
  6. You are a finance academic practioner?
     
    #186     Jun 23, 2015
  7. monoid

    monoid

    My Lord, I am just a Troll seeking (enlightenment .... strike that) entertainment from Thee!
     
    Last edited: Jun 23, 2015
    #187     Jun 23, 2015
  8. :D:D

    No enlightenment here. Just move along
     
    #188     Jun 23, 2015
  9. monoid

    monoid

    .... and there goes my only opportunity! Can I stay on for the entertainment part at least? :)
     
    #189     Jun 23, 2015
  10. only if you are an attractive female--otherwise move along :p:D
     
    #190     Jun 23, 2015