Disliked{quote} I've been trying to simplify, objectify and improve my method for quite a while now. What could be a more objective trend criteria than the 5ema crosses above the 10sma and the RSI goes above 50% for an uptrend? Of course, most trends are very obvious when I look at the chart, but I still require confirmation by my objective criteria. It's the only way I can stay out of the tall grass doing this. Of course, there are still some subjective elements involved, like where to cut losses short. I've never seen a completely objective trading system...Ignored
Well they wont be trillionaires because it would still depend on market volatility and other factors, if they market doesnt want to move, you cant make money off it unless you add more risk, but why would somebody add more risk than needed?
Well i`m been looking more deeply into the economic side of the trend, and there are some interesting aspects from the fundamental view too, of what a trend is, but it is a very complex problem and so far i couldnt find a good definition for it either, or a way to measure it truly.
But one i know for certain that it has nothing to do with retail traders as retail makes up a small fraction of the entire markets
"There's a sucker born every minute" - P.T. Barnum