“The trend is your friend” is an abstract expression of the deep dynamics of the market.

A trend is not merely a simple description of price direction; it is a comprehensive reflection of market narratives, psychological states, and capital flows. It possesses fractal characteristics, exhibiting similar yet not entirely identical structures across different time scales.

An upward trend on a daily chart may contain multiple pullbacks on an hourly chart, while a trend on a weekly chart may encompass several reversals on a daily chart.

Understanding the lifecycle of a trend is also crucial—it is born (formed), grows (accelerates), matures (slows down), ages (oscillates), and finally dies (reverses).

Different stages require different trading strategies; befriending a newly born trend is a completely different experience than befriending a trend that is struggling to survive.

On a deeper level, trends reflect the flow of power and capital in the market.

To understand trends is to understand where capital flows from and to, which market participants are gaining greater influence, and which are losing control.

True trend followers are not merely followers of technical indicators; they are keen interpreters of market narratives, careful observers of capital flows, and patient witnesses of market cycles.