Why Can't I Trade with the Trend

Discussion in 'Strategy Building' started by Flashboy, Mar 10, 2005.

  1. In my opinion countertrend trading is an advanced art. Beginners should trade only with the trend and a strong one at that. Trading with the trend is much more forgiving of bad entries. This will also teach you the fine art of sitting on your hands.

    edit: Obviously these are not my ideas, but things taught to me that I am passing on as I found them to be true.
     
    #471     May 29, 2005
  2. Yeah,
    Try putting some of your money on it. Don't forget to write us a postcard on how you're doing.
     
    #472     May 29, 2005
  3. ikx

    ikx

    I am reading every single post in this thread and I never hear
    a single word of ACF function, correlation of time series;a random series coud have trend form too, so?
    The only thing is to use statistic tests, the rest are only an art
    very expensive!!!
    my opinion of course.............
     
    #473     May 29, 2005
  4. Flashboy
    -your threads are most interesting, you are the star on ET…:)
     
    #474     May 30, 2005
  5. WilliamV

    WilliamV

    That's the plan. Will you settle for more posts?
     
    #475     May 30, 2005
  6. LOL, he is the perpetual underdog that you can't help but root for.
     
    #476     May 30, 2005
  7. If this is a serious compliment .. Thank you..

    Hydroblunt has it right though.. but maybe that'll change in time..
     
    #477     May 31, 2005
  8. boe

    boe

    the reason 99.99% of traders can not win or trade with the trend,
    counter trend trade , or trade break outs, false breakouts, etc.

    what if i told you the truth? could you handle it? there is always some armature trader pretending to be a successful pro that will
    try and argue with me. saying they know better. the fact is they
    are getting there knowledge of the market the same place you are
    the web. so how can they say with confidence they know anything at all.

    heres what the market reality is take or leave it.

    1. the market is manipulated on a daily basis! it is designed to
    trap with trend traders, break out traders, fibs trader, gann traders
    harmonic traders, pivot traders, price action traders, trend line traders, moving averages, and indicator systems traders, swing traders, scalpers, even stop hunting traders.

    why is past history show correct analysis if this is true?

    2. 99.99% of traders do not back test with the reality of the right side charts in mind ( when back testing)

    3. all of the above methods work but at a low percentage.

    4. learning how traders get trapped and learning the tricks is a daunting task, but it is the only way to succeed. it takes years.


    5. finally i have to say their is no other way!!! period!!!
     
    #478     May 17, 2011
  9. Trend is just an optical illusion. Once you realize that, you will see the whole mkt in a unified view.
    After all, a cockroach climbing a stone laid on a downhill slope, will think to be riding a trend ;-))

    Tom
     
    #479     May 24, 2011
  10. Price action
     
    #480     May 24, 2011