Isn't every successful trader a trend trader in one form or another? - G
1
- #23
- May 3, 2021 4:41pm May 3, 2021 4:41pm
- Joined Jul 2011 | Status: Gold Again | 10,571 Posts
Isn't every successful trader a trend trader in one form or another? - G
But the way markets are gyrating, no one can hold for more than 3 days anyway, so probably everyone is a mix of trend and counter-trend whether they want to be or not.
It takes a lot for me to IGNORE you, but you can try.
- #24
- May 3, 2021 10:13pm May 3, 2021 10:13pm
- | Joined Apr 2017 | Status: 38737526 / 29052019 | 1,245 Posts
{quote} This is the conundrum when they sell a top or buy a bottom, and the price goes their way, at some point, it turns into a trend, and then they start to look for another top or bottom, creates never-ending torture if you ask me. But the way markets are gyrating, no one can hold for more than 3 days anyway, so probably everyone is a mix of trend and counter-trend whether they want to be or not.
Market is not random but unpredictable
- #25
- May 3, 2021 10:45pm May 3, 2021 10:45pm
- | Joined Apr 2017 | Status: 38737526 / 29052019 | 1,245 Posts
Here’s a fast one (just 1 hour 25 minutes) ...
Market is not random but unpredictable
- #26
- May 4, 2021 2:37pm May 4, 2021 2:37pm
- Joined Nov 2006 | Status: Trader | 4,417 Posts
But the way markets are gyrating, no one can hold for more than 3 days anyway, so probably everyone is a mix of trend and counter-trend whether they want to be or not.
no one ??????...... are you sure......
wrote some indicators , scripts and such long ago that calculated my average hold time.... along with a large number of other such info, like average hold time on trend trades versus countertrend trades..... winning % trades with trend vs counter trend..... average drawdown of trend trades vs counter trend......
my results were not surprising.....
counter trend trading has a unique appeal..... but then so does key lime pie.....
and some of us are tryin to lose weight......h
//-----
to trade and code, keep both simple... no call to impress....h
