Some more facts about trends

At a descending or "bear" tendency (down) every subsequent peak and slump will be below, than previous. Such determination of tendency is fundamental and serves as a starting point in the analysis of tendencies. A falling down tendency is determined by the sequence of more low maximums of prices. It is possible to speak about a "bear" tendency, that "bears" control a market and joggle prices below.
Lateral, or horizontal trend is characterized by absence of the brightly expressed ascending or descending tendency of motion of prices at the market. At lateral trend's prices hesitate in a horizontal range, in neighboring of the mean value.
Fast determination of trends gives an ability to prognosticate future behavior of the market-members in the long-term period as well as in the short one.
We must admit that very often nearly half of the traders lose up to 95%, but the good news can be the ability to reach a good result when following trends. There is also a practice of the so-called "Japanese candles" which provide the long-term prognostication if you use them in a short-time period (though it sounds strange, but it's true). And then with a part of effort you can have enough money. You simply have to realize what you will do (and forget the automatic way or those mentors who try to tell what to do while following them). Understanding is useful for your own success; but when you put an effort in, your rewards can be large enough in the period.