Trading the trend

It is always said " catch the trend, trend is ur friend". The purpose of this thread is to detect the trend in a nice way. We will try to do it as simple as possible. NO candlestic patterns,no pivots, no much use of price actions,no multiple time frame,no indicators,no much use of support/resistance levels.. .. Do u think its possible?please carry on to my next posts..

This is the most successful way of trading,, No complications.....

Nothing else...

Just to trade according to trend....

Very High accuracy rate....

AS u know trend is our friend.....

If u people are intrested more about this then only i will post....

bahut dino baad prakat huve isa thread me....
Good VIKAS, carry on.....:thumb:

Thanks HEM Sir...

Sorry for the delay....actually was busy in lot of other works....

After Trading with so many methods & strategies i found this simple method with Very high success rate...

1.Though In comparison to entry by candlestic patterns entry is late, but success rate of candlestic pattern is very less compared to this method..

2. No multiple time frame needed....

3. No need to watch support /resistance levels.

4. No use of moving averages.

5. No much use of price actions ....( just to follow the trend)

6. The most confusing part is profit booking this method also take care of this , u are either in buy/sell mode.....

I will be highly Thankful if the seniors like YOU ,ST SIR guide me wherever feel i am wrong...

Great initiative, Vikas...keep it up. This thread is very important to all the traders.

I will certainly be very happy to post in this thread....

Carry on the good work Vikas.

Smart_trade

How to identify Trend is BIG QUESTION?
What parameters to see to decide about the trend?

Trend identification is very easy, with definite rules. Our view on the trend decides how we trade the markets.

I am sure Vikas will cover the various types of trends and its identification..

Smart_trade

Thank you Vikasji for starting this thread. It will help people who do not know
much abt candle sticks, schochs etc... Eagerly waiting for your next posts.

Hi Vikas,

Just my piece of mind on this subject.

The problem is not trend detection. It is tackled by every trader in his own way. Use pivots, ema, fib, etc...

No of ways = No of traders

Having defined trend for himself, a trader has two more challenges to overcome, before he can consistently earn from the markets.

1) To have a set of rules, which put odds in his favour while he trades in direction of his version of the trend.
This is a big task in itself, which requires considerable experience in that particular scrip, since each has its own pace. But, this is only 10% of the challenge.

2) The other 90% is following that plan. This is a very subtle category. Very hard. Best of people give up here. And they should. It is unnatural.

A new trader will mostly get stuck in point 2, but see point 1 as the problem and will reinvent the rules... and the cycle will continue.

Dear jamit

There are a number of ways to detect the trend & a number of ways to trade them...

Every one has different style of trading so different trading method.

WE start discovering new methods bcoz we learn from our mistakes every time & modify our methods ......

It is also true we learn different methods but finally we trade that method with some modifications which suits to our trading style.

No method is good or bad but has it's limitations.

when we combine two or three methods & make entry/exits & still we don't get the desired success, only then we start searching for new methods.....

Learning is a process & if we learn from our mistakes & we can do work to analyse where we are wrong & there are chances of implement then definitely we should go for that...