trend following delusion shattered

How do you know these guys use watchecall "trend following" ?

 

I love these "Trend" threads. It really separates out the "new technology leaders" from "the old school followers" . . .

Technology has progressed 100 fold in the last 15 years but some still clutch desparately to that coin which they toss at the beginning of each trade.

Makes no sense . . . no . . . makes perfect sense.

 

professor,

you use the same buzzword in most of your posts--"technology". kindly enlighten the more brutish among us, what exactly/specifically has progressed 100 fold in trading tech over the last 15 years?

thank you,

surfer

 

TRENDS are here forever........if you pull the trigger to enter a trade you are in a trend...........the price is always in a trend........you can't dodge it.........."it went sideways all day" sorry but that is a sideways trend.........."friday was a trend day..........it doesn't take a genius to recognize that......or trade it.......

 

what number of moves in the same direction increase the odds the subsequent move will be in the same direction?

i am not trying to be difficult, just trying to quantify what you are saying so that it can be tested thus converted into a useful trading axiom.

thanks,

surfer

 

lol

 

depends on time frame

 

Really? Tell me if you feel the same way next time you buy the top prior to a reversal.

In the interest of completeness, pyramiding can guard against this, but your post mentioned nothing of the sort, so I won't assume you know anything about it.

 

and what u call a move....

 

any time frame would fit my criteria--- daily, hourly, minute, tick--whatever you want to use.

move would be any profit above the vig.


thanks,

surfer