POLL: Do you believe you can reasonably anticipate or identify a trend day?

Discussion in 'Trading' started by Thunderdog, Jul 25, 2009.

Do you believe you can reasonably anticipate or identify a trend day?

  1. No

    61 vote(s)
    52.1%
  2. Yes, with somewhere between 60% and 75% reliability

    26 vote(s)
    22.2%
  3. Yes, with better than 75% reliability

    30 vote(s)
    25.6%
  1. I think Duckster may have a roughage problem. With any luck, he'll be able to work things through. A mental block can be a terrible thing.
     
    #11     Jul 26, 2009
  2. He may be a struggling trader,but he has an open mind and he would learn, Trading is a simple, its a numbers game. As for U you would be an asshole all your life..always
     
    #12     Jul 26, 2009
  3. I seem to recall liking Dackster some time back. When did he become an asshole? This place does strange things to good character, assuming you had it before you came here.
     
    #13     Jul 26, 2009


  4. Art,

    Does it matter if i put 'yes' or 'no', does it really matter? 'Yes', i can reasonably anticipate and identify a trend day. But that isn't the point, is it? A trending day is accompanied by other 'signatures', some before and some during the 'trend'.


    Yours,


    Dackster.
     
    #14     Jul 26, 2009
  5. Quite simply, yes.

    Every trading day has a trend. Some trading days contain more than one. One need not know how long a particular trend will continue. A trader only needs to understand how the market signals a beginning and an end to a particular trend. Since all trends overlap, where one trend ends, another begins.

    - Spydertrader
     
    #15     Jul 26, 2009


  6. Art,

    We are all assholes, it's just that certain 'situations' bring out the asshole in different people. I'm an asshole when i read rubbish about 'trending' days on the markets.


    Yours,


    Dackster.
     
    #16     Jul 26, 2009
  7. Thunderdog, my betters have spoken. Carry on without me.
     
    #17     Jul 26, 2009
  8. ER9

    ER9

    after reading this post i realized DUH! thats how i make money with my strategy. i did not think i was predicting trends but in reality my strategy does exactly this. any working strategy does this in effect. the word 'trend' may need to be further defined. i guess you could say a successful scalper predicts trends just much shorter term. so to revise my previous answer i will have to say yes i can.
     
    #18     Jul 26, 2009
  9. its true ,but u didnt have to insult the guy. No love lost ok..
     
    #19     Jul 26, 2009


  10. Art,

    Please, do not refrain from adding more content to this thread. Ok, it started off bad, but i can only imagine it to get better and mature with time. For what it's worth, i totally agree with what you said about 'legs' and pullbacks. It is a very simple but effective way of trading strength and sentiment within the market.


    Yours,


    Dackster.
     
    #20     Jul 26, 2009