In the distance to the North is come a herd of deer thirsty a few meters from being able to quench their thirst, a moment to another all revolve and returned still parched, suddenly from the South looks come a hurricane. And if your were a deer even with sed you do by returning you to the hurricane. Because of course, quenching your thirst. Based on this story you can be understood that the deer have a rational goal but the irrationality of the hurricane make it change its trend. In this way the financial markets are moved by primitive and irrational reasons that group loses the rational sense, i.e.
human beings we behave very different decisions in collectivity which alone. And it is there where we are with the fact that we realize that emotions move these financial monsters, and are a pair of totally primitive instincts, fear and greed. If you read well, they are not news, changes in the economy, or what your neighbor thinks, is as simple as that. The fear and greed for gain. And when these two are makes thousands and thousands of people assume a position where one will be deer and other hurricanes and at the end no longer knows which way go. This is why I bring the concept of trend. Remember the trend is your friend. But that trend is my friend? Precisely the key lies in that before assuming a trend should I expect that other trends start to move at the same time, and patience is immersed in the fact waiting rests on these other trends being larger than mine need more time to synchronize with mine. So a successful trend is nothing more than a group of trends moving same direction although in different channels.