Is the concept of momentum and trend trading flawed?

EnlightenedJoe

Experienced member
1,950 95
Since very few can benefit from trends because most have no capacity to deal with the counter-trend moves that are specifically designed to defeat trend followers, the question of whether trend exists or not is not critical in practice.

The best time to jump on a trend is wait for most if not all trend followers are dead. That way the merchants will have no more reason for the counter-trend move to continue. There will be no money in it.
 
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Ifmyante

Junior member
32 1
Since very few can benefit from trends because most have no capacity to deal with the counter-trend moves that are specifically designed to defeat trend followers, the question of whether trend exists or not is not critical in practice.

The best time to jump on a trend is wait for most if not all trend followers are dead. That way the merchants will have no more reason for the counter-trend move to continue. There will be no money in it.
That's not the worst place for learners to begin, but a deep understanding of the use of propaganda in trading education allows for the picking of tops and bottoms. Those who abhor drawdown will naturally strive for the latter
 

EnlightenedJoe

Experienced member
1,950 95
That's not the worst place for learners to begin, but a deep understanding of the use of propaganda in trading education allows for the picking of tops and bottoms. Those who abhor drawdown will naturally strive for the latter
I don't abhor drawdown. It's natural like a rain downpour. After rain, there is sunshine.
 

tomorton

Legendary member
8,127 1,209
SD is supply/demand. It's a trick used to make the herd feel they can have an edge in their trading, so they'll keep depositing more after every margin call, because they're "so close to getting it"

Trend following is dangerous!
Go to the charts, and come back and tell me that this isn't to be found all over them:

You're either paranoid or wrong.
 

Ifmyante

Junior member
32 1
You're either paranoid or wrong.
Are you saying that you couldn't find that trick all over the charts, or that you didn't bother to look?

If you want to call me paranoid, fine, I can take it, but only if you explain why.

If not, how am I wrong?

Would admitting that I may be right be a conflict of your interests?
 

EnlightenedJoe

Experienced member
1,950 95
Are you saying that you couldn't find that trick all over the charts, or that you didn't bother to look?
I have to admit I can't find it either. Here's the trick I use to see what they are doing: I have positions all over the place and see what they do with those. There would be no guess work then.

Here's an actual example. My short position is on the yellow line. They wanted me out. So they drag the price along the line and pray I would get out. Since I am familiar with their entire play book, I will not be getting out until they pay me. In the end, I will win.

 

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Ifmyante

Junior member
32 1
I have to admit I can't find it either. Here's the trick I use to see what they are doing: I have positions all over the place and see what they do with those. There would be no guess work then.

Here's an actual example. My short position is on the yellow line. They wanted me out. So they drag the price along the line and pray I would get out. Since I am familiar with their entire play book, I will not be getting out until they pay me. In the end, I will win.

I wouldn't sell it before 5924.24, or if I really wanted in, 5920.51, but I see why you're there
 

EnlightenedJoe

Experienced member
1,950 95
Looks like you'll be on a long break ;)
My gut sd indicator says pretty imminent. If my gut turned out to be right, I wonder what will happen to all the trend followers ?

The play on my position suggests they have no interest in running me out by lifting the price. They are using the praying technique.
 
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