A trend is a direction that you can decifer in a chart at the stage, when you zoom out, where you can see INFORMATION in the chart just by looking at it.
Different people see information in different charts at different resolution depending on their level of knowledge and connectedness.
For instance. If you look at an NSD100 you can see history depicted in the chart .com bubble, recessions pandemic, at that stage most people can see the trend.
If you are an oil trader or someone who follows say bitcoin very closely then you have more granular knowledge of the environment and can see other events materialise on the charts at closer resolution you can see the trend.
@hughhendry podcast "the Master of all bear markets"
Follow me on Etoro https://etoro.tw/3I4qtYu
No comments:
Post a Comment