SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TREND1 who wrote (24398)11/19/2001 10:36:34 AM
From: Robert Graham  Read Replies (1) of 52237
 
But how do you know in advance if the market is going to be trending or non trending ?

How true! Just because it looks like it is setting up for the next leg does not mean it will follow through. And even if it does, the market can first whipsaw you out of your position before continuing. Sometimes by a visual inspection of the real-time charts, you can tell if the market is getting ready to trend from a trading range, or when it is turning into a trading range market from a trending market. But I have not run across any system that can do this. For example, once the price is changing into a trading range market, the risk to profit picture has significantly changed for the trend trader BEFORE the trading range has actually been established.

Bob Graham
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext