95 % trendfollower traders lose at trend trading

[new digital]

great trend traders like famous turtle trader Dennis managed pools of capital for others in the markets for a while, but withdrew from such management in the spring of 1988 after his clients suffered heavy losses. In the Black Monday stock market crash of 1987, he reportedly lost $10 million,[8] with a total of $50 million reportedly lost in 1987–1988.[2] In 1990 his firm settled investor complaints of his failure to follow his own rules, for over $2.5 million, without admitting or denying any wrongdoing.[9] He also managed funds for some time in the mid and late 1990s, closing these operations after losses in the summer of 2000.

https://en.wikipedia.org/wiki/Richard_Dennis

$50 million losses in 1987 million in today's terms is around $200m to $300m


It is most likely the vast majority of trend traders lose due to trading psychology. Michael Covel writes books and sells seminars , there is no evidence he is a trader.

http://profitabletrading1.blogspot.com/2018/06/trend-trading-has-no-edge-80-of-trends.html

https://www.earnforex.com/forum/threads/trading-psychology-mindset-is-80-of-trading-success.30172/

https://www.earnforex.com/forum/threads/trend-trading-is-a-hindsight-forex-illusion.30061/

https://www.elitetrader.com/et/threads/market-charlatans.243796/

 

[JamesForex123]

Maybe people are not good at spotting the trend or when the trend is reversing?

 

[new digital]

Maybe people are not good at spotting the trend or when the trend is reversing?

Humans ave psychological issues whilst trading, there are hundreds of these issues in trade execution. In fact the ways our brains are designed, they are not compatible with making good trading decisions.

http://ibankcoin.com/hattery/wired-to-lose-the-psychology-of-trading/


http://vantharp.com/consulting/vkt_interview.htm

 

[new digital]

This the real live joke

https://www.forexfactory.com/showthread.php?t=716482

master trendfollower is still struggling to make money from trend trading trading after 8 years.

The ANSWER IS HERE

https://www.earnforex.com/forum/threads/trading-psychology-mindset-is-80-of-trading-success.30172/

95 % trendfollower traders lose at trend trading

 

[new digital]

If 95 % lose , 1 % of winners are day traders , 1% of winners are swing traders , 1 % are fundamental traders , 1 % are grid traders , then only 1 % of trend traders are successful.

This means there are a lot of fake trend traders , charlatan educators and fake authors singing about trend trading.

 

[new digital]

trend followers lose more research

 

[new digital]

WHY TREND TRADING IS AN ILLUSION WITH FAKES

https://community.ig.com/forums/topic/3318-trend-trading-myths-chasing-trends-and-failed-trends/


SEE HOW MANY TREND BREAKOUTS FAILED

 

[new digital]

Loads of trend following loses on forums , pretending to be successful traders.

http://brokers-charlatans.blogspot.com/

 

[Ary Barroso]

Maybe people are not good at spotting the trend or when the trend is reversing?

Actually, it’s not easy to identify the market trend because, a number of counter trend moves.

 

[new digital]

Actually, it’s not easy to identify the market trend because, a number of counter trend moves.

80 % of the trends become ranges, in other words 80 % of trends eventually fail.80 % of trend traders lose for sure.

 

[new digital]

after 5 failed trends and losses of money , would you trade trends?

80 % of trends fail

 

[Ary Barroso]

80 % of the trends become ranges, in other words 80 % of trends eventually fail.80 % of trend traders lose for sure.

Yes, and verities of rangy patterns; this is why; till now trading is very much challenging profession.

 

[new digital]

 

[new digital]

 

[new digital]

95 % of traders including trend traders lose

https://www.earnforex.com/forum/thr...ost-brokers-dont-want-you-to-know-this.30085/

 

[new digital]

forex rarely trends , most of the time it is choppy/ranging , so so most forex traders lose.I trade indices because it is easier to make money.

 

[J_C_Anderson]

Of course, the idea of trading trends appeared at stock market, where it is very common. Forex currencies are likely to move inside the renge (even wide enough), so that such strategies are not so efficient.

 

[new digital]

Of course, the idea of trading trends appeared at stock market, where it is very common. Forex currencies are likely to move inside the renge (even wide enough), so that such strategies are not so efficient.

you need trends to make money , if forex rarely trends or for trends are slow, then most forex traders should lose.

Trend is your friend , but rarely is your friend, it is bank and broker's friend.

 

[new digital]

https://www.earnforex.com/forum/threads/trading-psychology-99-of-traders-lose.32132/

99% of traders fail

 

[new digital]

This Zero sum game testing shows , it has zero direction bias, trend trading is a negative sum game.It is testing non trend trading