Q "Yes, you're absolutely right that trends definately do not exist. Trading trends is 100% a losing game. I totally agree that no system for trading trends can make any profits at all. Your quetions is sound and smart, therefore no any trend-traders can meet your challenge. As no demonstration is provided, trend-following must be wrong. If someone posted and demonstrated an unprofitable trend-following system, that means all trend-trading systems must be wrong and unprofitable. I will not trade any trend-following systems anymore. Now you feel happy after proving trend-trading is bad, and I feel even happier because you don't know how to trade trends. " --- Unknown Reader UQ
Maybe we all should ask Chicago Zoo's elder-monkey, Coco, for advice... I'm sure Coco will have a better perspective on all this.... Bwahahahahahaahahahahahaha!!!
Could have been but I play Failure to Failure. Exited 1179.50. Plus 2.25. Sorry didn't post sooner but was on call with student.
Yo, Ignorant one. Asked, answered, charted, challenged, and completed. Called the trade . . . in the Trend . . . profited with 2.5 points. Probably more than you have ever made on a single trade. Can repeat at will . . . no desire to play the ignorant game with either you or Hank. You both, as Lefty sort of stated . . . are underneath the tread.
maverick, i have freely shared my calls and insight for over 4 years. my market calls are provided before the fact, and before the funds launched, often in real time. not sure why you are making the above false statement. specifically, i advised ( on this thread) no less when i entered OIL. what more do you want ?
But price was nowhere near 1177.25 when you posted the trade. It did hit ll77.25 arouind 11:10 but then fell back to 1174.25 for a three point pullback vs. your 1 .75 target. When exactly did you enter?
the religious fervor of the "trend followers" is akin to the crusades. what a great study on popular delusions and the fervor by which they are defended by the true believers. this thread has provided many hours of enjoyment. thank you.