In my opinion, whenever a higher high and higher low occurs, or whenever a lower high and lower low occurs in succession, trending behavior is occuring. To the extent that this behavior continues, a trend is occuring.
yes, we agree on the definition. now, one just needs to use it to make a profit. i say, there is no edge there. surf
if you were a serious, documented accredited investor---would be happy to forward you the paperwork. unfortunately, you are a performance artist on the ET stage at this point.
What possess you to think that an accredited investor would provide you with funds under these conditions. As usual you have it ass backwards..You want money to manage...Then YOU need to post a track record..any respectable public fund will do so without hesitation. It sounds to me as though you are a fake. Thats about all I need to know. Steve
I am not too concerned with an individual's opinion of the defintion of "trend" That was a good effort nonetheless. Perhaps one could examine the dictionary's definition of the word, and work on from there. "Trend 1. The general direction in which something tends to move. 2. A general tendency or inclination. See Synonyms at tendency. 3. Current style; vogue: the latest trend in fashion. intr.v. trend·ed, trend·ing, trends 1. To extend, incline, or veer in a specified direction: The prevailing wind trends east-northeast. 2. To show a general tendency; tend: âThe gender gap was trending downâ (James J. Kilpatrick)." (http://dictionary.reference.com/browse/trend) "A trend is a general drift or tendency in a set of data. All measurements of trend involve taking a current reading and a historical reading and comparing them. If the current reading is higher than the historical reading, we have an up-trend. If lower, we have a down-trend. In the improbable event of an exact match, we have a sideways trend." (http://www.seykota.com/tribe/TSP/Trends/index.htm) Ed is by no means, a dictionary, but I find his definition of the word useful for discussion here. Why the usage of the phrase, "higher highs, lower lows", when one can by a simple subtraction, determine the direction of the trend, according to his definition?