Some trendy thoughts
I was just thinking about trend days. I'm probably not going to go into much detail because I don't want to look up any specific things that should be going on in order to better understand it is a trend day. We're definitely not having one today. I think generally everything is moving in the same direction on a trend day. And it's not too whippy or steep. The TICK will generally stay on one side of the 0 line and there won't be much crossing of VWAP throughout the day. I know people look at the ADD too but honestly I don't think I'm great at identifying trend days early. But I was thinking about them because I think I do worse on trend days. well maybe not necessarily but I have had a tendency to fight the trend Where I don't need to. I could just go with it. So THAt is what I was really thinking about - that I should try to get better at catching a trending day and really letting it pay me. I can identify pull backs so those would hypothetically be places to get in. So Trends are something for me to work on. What do you look for in trends? Cheers!
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