Trend trading failure of trend breakouts

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Old Jun 19, 2017, 8:07am   #9
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foroom lluzers started this thread here 80 % fail
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Old Jun 19, 2017, 8:41am   #10
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By the time you see an opportunity ,it is reversing.Market is too efficient to offer a free lunch.

There's been many a free lunch from the US, UK and German stock markets recently. Just look at their index charts over 12mths. I haven't looked at other countries', haven't needed to. Likewise, haven't needed to do much in forex. Trading is easy, its traders who make it hard for themselves.
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Old Jun 19, 2017, 8:46am   #11
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There's been many a free lunch from the US, UK and German stock markets recently. Just look at their index charts over 12mths. I haven't looked at other countries', haven't needed to. Likewise, haven't needed to do much in forex. Trading is easy, its traders who make it hard for themselves.
Forex does give these free lunches according to this statement.
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Old Jun 19, 2017, 9:24am   #12
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Yes, forex does give free lunches like all markets do when they get established in longer-term trends. Once these are established, the most probable next thing price does is continue. traders make trading hard, not the markets.
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Old Jun 19, 2017, 9:33am   #13
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Yes, forex does give free lunches like all markets do when they get established in longer-term trends. Once these are established, the most probable next thing price does is continue. traders make trading hard, not the markets.
Which forex currencies appreciated by 600 % ,like dax from 2,000 to 13,000?
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Old Jun 19, 2017, 10:37am   #14
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Which forex currencies appreciated by 600 % ,like dax from 2,000 to 13,000?

As I said above, recent free lunches have included the German stock market as can be seen from the index.

But what is your point? Are you saying you're long on the DAX until another 2 decades has gone past? Are you saying nothing without a 2 decade trend is worth buying?
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Old Jun 19, 2017, 10:39am   #15
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As I said above, recent free lunches have included the German stock market as can be seen from the index.

But what is your point? Are you saying you're long on the DAX until another 2 decades has gone past? Are you saying nothing without a 2 decade trend is worth buying?
huge difference between indices and forex in terms of volatility and appreciation.cable has dropped 50 % in 20 years , euro at same value over 20 years , trading forex is dumb.period.
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Old Jun 19, 2017, 11:14am   #16
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Trading forex over 20 years is dumb, currency pairs have no inherent buoyancy unlike stock indices.

But trading forex is profitable. If you do it right.
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