Problem with Short Lived Uptrends

Discussion in 'Trading' started by rocky9281, Aug 15, 2008.

  1. rocky9281

    rocky9281

    Is it possible to to know whether a newly formed uptrend will be long lived or short lived?

    For the past few trades that I entered,the uptrend exhausted within 1-2 days & was forced to close my position..

    Can anybody plz suggest me how to identify whether a newly formed uptrend will be long lived or not?

    -Thanks
    rocky:)