Spotting a Trend?
Trend Followers do not just “spot trends” or “find trends”. Keep in mind, Trend Followers have less big wins and more small losses. When you enter a market, as a Trend Follower, you do not know whether it will be the “big one” or not. But you still have to enter, follow your rules, and stick with your philosophy. Bottom line: you never know the full extent of a big trend until it is over and a matter of public record. The idea that you can “find a trend” smacks of an ability to predict. Prediction is fools gold.
