Does the Grail exist? - page 191

 
the most useful method of trend trading... just look up the "fan" system (it's freely available online) ... easy and effective... simple and effective...!
 
paukas:

Take a chart with 100 candles on it. And look at it with the naked eye.

If it points from the lower left corner to the upper right corner, then it is trending upwards.


On the 5 min chart too?

A trend is the purest abstraction that exists only in the mind. If the price fell slightly for 95 bars, and rose sharply at 5 bars, then it is a 100-bar trend?

That's all bullshit.

 
sllawa3:
the most useful method of trend trading... just look up the "fan" system (it's freely available online) ... easy and effective... simple and effective...!

IF THAT'S THE CASE, WHY DO 95% OF PEOPLE LOSE?
 
FAGOTT:


on the 5 min chart too?

A trend is the purest abstraction, existing only in the mind. If the price fell slightly for 95 bars and rose sharply at 5, is that a 100-bar trend?

That's bullshit.

1. On any

2. Yes, and which one, too.

 
FAGOTT:


on the 5 min chart too?

A trend is the purest abstraction, existing only in the mind. If the price fell slightly for 95 bars and rose sharply at 5, is that a 100-bar trend?

That's bullshit.


That's two trends.
 
FAGOTT:

IF THAT'S THE CASE, WHY DO 95% OF THEM FAIL?
Because they take huge leverage and don't limit risk. And it's not 95, it's 99.
 
such a crowd and everyone's stupid?
 
FAGOTT:
such a crowd and everyone's stupid?
Yes.
 
99% are completely stupid?
 
FAGOTT:
99% are completely stupid?
And greedy too?