{"id":10411,"date":"2011-03-15T13:00:27","date_gmt":"2011-03-15T17:00:27","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=10411"},"modified":"2011-03-15T13:00:27","modified_gmt":"2011-03-15T17:00:27","slug":"follow-the-trend","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/follow-the-trend","title":{"rendered":"Follow the Trend?"},"content":{"rendered":"<blockquote><p>Stock day traders who act in sync \u2014 no matter the stock, or whether they are buying or selling \u2014 make<a href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/03\/Upward-Trend-Line-Example.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-10412\" title=\"Upward Trend Line Example\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/03\/Upward-Trend-Line-Example-300x195.jpg\" alt=\"\" width=\"300\" height=\"195\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/03\/Upward-Trend-Line-Example-300x195.jpg 300w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/03\/Upward-Trend-Line-Example.jpg 400w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>more money at the end of the day than their out-of-sync peers, reports an analysis to appear in the\u00a0<em>Proceedings of the National Academy of Sciences<\/em>.<\/p><\/blockquote>\n<p>Making its rounds on the trading twitter circuit was an interesting article about how intraday traders make more money if they follow the trend.<\/p>\n<blockquote><p>\u201cI love the counterintuitive nature of the finding,\u201d says complex-networks expert Albert-L\u00e1szl\u00f3 Barab\u00e1si of Northeastern University in Boston. \u201cThe dogma is that the successful investors are the Buffets \u2014 those who swim against the current. Yet this study shows that when it comes to day trading, going with the wave has real benefits.\u201d<\/p><\/blockquote>\n<p>The angriest I have ever gotten at a trader was the one who constantly fought the trend- he faded everything. \u00a0Great trading skills, very bright, loved the markets, but just had to fade everything. \u00a0A few thoughts on fading. 1) If you learn which stocks not to fade you can do very well fading stocks as an intraday trader. 2) It is easiest to learn by just following the trend and building your skills trading.3) There are some personalities that are better suited to fading everything. 4) Do you fade because you would rather show you are smarter than everyone in the market and not more interested in making money? \u00a0If this is the case I have a few phone numbers for you. 5) Fading is the best strategy in a range bound market. \u00a0We are in a trending market and have been since August of 07 so any study will show this system works best during the past four years.  This will not always be true.  \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stock day traders who act in sync \u2014 no matter the stock, or whether they are buying or selling \u2014 makemore money at the end of the day than their out-of-sync peers, reports an analysis to appear in the\u00a0Proceedings of the National Academy of Sciences. Making its rounds on the trading twitter circuit was an interesting article about how intraday &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/follow-the-trend\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,10],"tags":[1668,4674,50,1193,653],"class_list":["post-10411","post","type-post","status-publish","format-standard","hentry","category-general-comments-2","category-mike-bellafiore-bellas-blogs","tag-bd","tag-one-good-trade","tag-proprietary-trading","tag-trader-education","tag-trader-training","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Follow the Trend? | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/follow-the-trend\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Follow the Trend? | SMB Training\" \/>\n<meta property=\"og:description\" content=\"Stock day traders who act in sync \u2014 no matter the stock, or whether they are buying or selling \u2014 makemore money at the end of the day than their out-of-sync peers, reports an analysis to appear in the\u00a0Proceedings of the National Academy of Sciences. 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