|
PureBytes Links
Trading Reference Links
|
Message text written by INTERNET:greene@xxxxxxxxxxxxxxx
>
It doesn't take all that many small losses to amount to a big loss. And
how can a day
trader possibly be talking about "bucking trends"? A trend isn't something
that lasts
for a few minutes - or a few hours. Robyn
<
A trend is a matter of definition. For someone trading 1 min bars, a move
in one direction for a few hours is most certainly a trend.
For someone trading weekly bars, it may take months or even years to
establish a trend.
The definition of a trend is very subjective. And if you don't think so,
please give us an analytical definition.
If you believe in the fractal nature of the markets, then it is evident
that trends exist in whatever time frame that you want to look at.
Regards,
Paul Weston
|