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S W
Member since May 2012
668 commentaries - 5 followers

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has posted a comment on the article :

Sorry, the trend is not your friend - Steve Saville - Speculative Investor

So, Mr Speculative Investor Non Trend following maybe Following a trend advisor what the bloody hell are you saying?
Flip a coin ,? Just as good and why not it's 50.50.
Ive come to the conclusion after many years trading just about everything is down to luck.
Plus of course,viable and sensible stops.

Commented 2786 days ago

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Beginning of the headline :There’s an old saying in the financial markets that the trend is your friend, meaning that you will do well as long as you position your trades in line with the current price trend. This sounds good. The only problem is that you can never know what the current trend is; you can only know what the trend was during some prior period. How is it possible for something you can never know to be your friend? Market ‘technicians’ often make comments such as “the trend for Market X is up” and “Market Y i... Read More

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