The Trend

[eastbay]

This is 2+2. We ought to be able to do a lot better than most trading forums where people, for some reason, spend all day discussing psychobabble mumbo-jumbo and subjective, pseudo-mystical claptrap.

Let's start with the recent remarks about "the trend" and "trend following."

What is "the trend" and how does one "follow" it? I'm not looking for hand-waving here, I'm looking for testable, quantitative, repeatable measures for finding "the trend" and testable, quantitative, repeatable methods for "following" it.

Any of you trend followers want to start?

eastbay

PS Yes, I've read all the standard books which manage to say almost nothing in hundreds of pages.