The trend is your friend

The trend is your friend

/05/05 · Trend Trading | The Trend is Your Friend. May 5, AM Tammy Da Costa, Analyst. DailyFX provides forex news and technical analysis on the trends that influence the global currency Author: Tammy Da Costa Home THE TREND IS YOUR FRIEND – I am Robert H. Anderson of blogger.com and I provide a new and unique stock market timing service for all traders. It uses Basic Elliott Wave analysis, charts, and technical indicators to tell traders when they could expect the next short term “direction reversal” /11/21 · One classic stock market pearl of wisdom is “the trend is your friend,” meaning an existing trend is likely to continue and worthy of your attention. Attempting to predict market trends in advance can be tricky business, even for experienced traders. Existing trends, however, can be identified with relative blogger.comted Reading Time: 5 mins

THE TRENDFRIEND | IDENTIFYING STOCK MARKET TRENDS AND THEIR REVERSALS

A number of years ago I spent two weeks on the foreign-exchange desk of a the trend is your friend money center bank. It was a high-risk, high-reward environment and a fertile learning ground. These are familiar phrases to anyone who has had experience in financial or commodity markets. A trend in this instance is defined as something that breaks out of the norm or trading range, indicating a solid shift. Data points in time indicate a real trend either up or down less than half of the time.

By tracking trends, we can do a better job matching our expenses and cost-to-serve with the business, without fuss or emotions. Recent year-end sales reports for distributors were a good example of looking beyond just a point in time.

The sales the trend is your friend caused by uncertainty at the end of caused sales to drop in December, but they were still within a trading range — which subsequent months have proven out. But some distributors looked at the drop and instead of tracking the broader trend,may have hit the panic button and started initiatives that they have since undone as sales have climbed again. The concepts of trading range and tracking trends feed analysis that investors use to manage and produce superior returns.

And it is an additional decision-making tool that owner-operators and managers of distribution companies should be learning and using for additional value creation. It is one of the important data-centric tools that act as a counterweight to the dominant product- and sales-centric approaches, all too common in distribution. Most managers look at numbers at a discrete point in time. There may be comparisons to prior periods, whether that is week-over-week or year-over year. You may also be doing projections about the future — primarily in the form of budgets — and tracking whether they were met, missed or surpassed.

But thinking in terms of trends requires tools that encourage engagement, rather thanprimarily working off of tools of record for decisions.

The idea that the trend is your friend is not about the trend going the way you want it to go, or confirming your forecast. Rather, the trend is your friend, like a good friend, the trend is your friend, trends tell you what you need to hear and not just what you want to hear.

Tracking trends gives us an added dimension beyond the point-in-time snapshot. When we track trends and trading ranges, we can adjust quicker. We can start moves earlier and delay moves that prove to be unwarranted. One of the most respected economic trend analysis firms in distribution is ITR Economics, led by brothers Alan and Brian Beaulieu, who are frequently featured at distribution industry events. Every graph and chart they provide shows trends and trading ranges, as well as rolling averages.

Every subject or slide shows what that particular trend subject means for you. Most of us attend these presentations and read their reports with rapt attention. On a macroeconomic level we discover how the world has the trend is your friend, how it is working and what the prognosis is — and most importantly how we should respond for the best chances of success.

Use the ITR economic trends reports as comparisons and background for your own business metrics and segments. Are you leading or following? You should also use the MDM distribution trend articles and recent webcast, Top 10 Trends in Distribution in If one of the trends applies to you, ask the same question: Where do you stand?

When distributors bring this idea down to the firm level, it can reward them with competitive advantage by creating additional value.

This process is not about having four computer screens on your desk connected to a real-time Bloomberg newswire. Your controllers and CFOs can track trends and develop trading ranges. Whether from their financial peers and colleagues or from public, Internet sources there are excellent how-tos — simple to complicated — to develop a dashboard that works for your situation.

In fact I the trend is your friend that your financial staff would welcome the challenge to create additional tools of engagement rather than always working on tools of record. Your email address will not be published. Save my name, email, the trend is your friend, and website in this browser for the next time I comment. Thought Leadership for Wholesale Change Agents. Home Articles Digital Strategy B2B eCommerce Distribution Marketing Distribution Sales Strategy Distribution Technology Distribution Industry News News Events Upcoming Webinars On-Demand Webinars Wholesale Change Show Calendar Reports Analytics Menu.

Join Our List. Home » Inside Sales Strategy » Why the Trend Is Your Friend. Published on: February 21, Inside Sales Strategy. Why the Trend Is Your Friend.

Here are some examples: With new business segments develop a trading range for the year as opposed to a snapshot approach. Choose some key internal business metrics and develop a trading range both in the previous 12 months, as well as the next 12 months. Develop a net profit trading range for your top customers. Track closely and note any improvement or erosion of this range into a trend.

What action or even inaction will this dynamic metric, as opposed to the static snapshot, tell us to take? Develop trigger points for action or corresponding inaction based on where periodic data daily, weekly, and monthly, quarterly falls on the trading range for the above.

Consider trends when you make cost-to-serve decisions, acquisition decisions, geographic decisions and other growth and profit decisions. The main purpose of a growth initiative is to create a trend out of a the trend is your friend range. Set your expected performance before you make an investment. To motivate employees, the trend is your friend, incentivize real trends — and not just performance that could be considered part of your average trading ranges.

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The Trend Is Your Friend // Trade In The Direction Of The Trend

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The Trend is Your Friend - HowTheMarketWorks

/05/05 · Trend Trading | The Trend is Your Friend. May 5, AM Tammy Da Costa, Analyst. DailyFX provides forex news and technical analysis on the trends that influence the global currency Author: Tammy Da Costa /11/21 · One classic stock market pearl of wisdom is “the trend is your friend,” meaning an existing trend is likely to continue and worthy of your attention. Attempting to predict market trends in advance can be tricky business, even for experienced traders. Existing trends, however, can be identified with relative blogger.comted Reading Time: 5 mins In the investment vernacular, “The trend is your friend”, meaning that once there is an established emotional direction, it will continue until it no longer does. What makes it stop, is usually that facts emerge about the specific share, such as via the publication of the financial statements. It is therefore important not to follow the