very nice write-up about history of trend following - Traders Hideout | futures io social day trading
futures io futures trading


very nice write-up about history of trend following
Updated: Views / Replies:877 / 3
Created: by shzhning Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

very nice write-up about history of trend following

  #1 (permalink)
Elite Member
Nanjing, NJ
 
Futures Experience: Intermediate
Platform: CQG/TOS
Broker/Data: Optimus/CQG
Favorite Futures: CL
 
Posts: 102 since Jun 2010
Thanks: 33 given, 71 received

very nice write-up about history of trend following

I came across this article and wanted to share here:

The Rise and Fall of Trend Following | Off-Road Finance

Reply With Quote
The following 2 users say Thank You to shzhning for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
 Vendor: www.fxcm.com 
New York, NY
 
Futures Experience: Advanced
Platform: Trade Station, MT4
Favorite Futures: FX, CFD's
 
FXCM Brad's Avatar
 
Posts: 56 since Mar 2013
Thanks: 75 given, 46 received


Very interesting article, shzhning, thanks for posting! What implications does this have on your trading style? What changes will you make (if any) now that you have this information?

Brad

If you have any questions about the products or services provided by FXCM, please send me a Private Message or use the BMT "Ask Me Anything" thread
Reply With Quote
 
  #4 (permalink)
Elite Member
Nanjing, NJ
 
Futures Experience: Intermediate
Platform: CQG/TOS
Broker/Data: Optimus/CQG
Favorite Futures: CL
 
Posts: 102 since Jun 2010
Thanks: 33 given, 71 received

This article resonates with the way my trading style has evolved over the years. I started as a ďbuy and hold investorĒ in stocks, then swing trader trying to catch an intermediate trend. Around 2010 I switched to intraday futures trading. Again, I first focused on riding the intraday trend, and the gradually moved to what I call semi-scalping right now.

The problem with attempting to catch the big move, in my mind, is 1) big trend days do not happen very often and 2) when they do happen, itís hard to trade. In fact, many of my largest losing days are those super trend days. If I did catch the train, I constantly worry the trend is going to reverse, and exit prematurely (of course this is all after-the-fact). If I missed the beginning of the trend, I feel nervous about jumping in at the turning point of the trend. Too often I ended up betting against the trend, and suffered badly to my account.

Not long ago, I tried to resolve this problem by trading 2 targets. Once the first small target is hit, I would just let the second one run. Unfortunately it did not perform well enough as I was hoping. Of course thereíre some reality issues such as runners do not happen that often; second lot may come back and eat into your profit; not every platform support this functionality; etc. But the main issue with this strategy I would say is the mental drain it put on my mind when Iím day trading and would like limit my risk exposure.

So why is trend following so hard? One might say we never know how strong is the trend, how long itís going to last. But one could ask the same questions back when trend following was still profitable in the past. The author of this article came up with a theory in another article Naive Markets, Hostile Markets, and Random (Efficient) Markets | Off-Road Finance . Iím not sure if itís his original work, but he offers a valuable insight: the profitability of trend following kills itself, as the market has developed some sort of immunization against it. Or the market has lost its naÔvetť as he calls it.

One last word, though I no longer consider myself a trend follower, I do believe trading with the trend is best for most traders. Counter trend trading is only suitable for those who have truly mastered it.

Reply With Quote

Reply



futures io > > > very nice write-up about history of trend following

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Write data to file WarEagle Sierra Chart Programming 14 November 28th, 2016 04:53 PM
NEED HELP TO WRITE MY FIRST STRATEGY benwincky NinjaTrader Programming 2 April 2nd, 2013 02:24 AM
What is the best way to write a NT strategy with the wizard? mkaminski NinjaTrader 2 October 21st, 2012 01:43 PM
How do I write a trading plan? skyfly Traders Hideout 5 May 20th, 2011 02:13 AM
How do I write the script for kaywai NinjaTrader Programming 1 January 19th, 2010 11:06 AM


All times are GMT -4. The time now is 03:35 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-13 in 0.09 seconds with 19 queries on phoenix via your IP 54.226.132.197