according to this guy it is.
anyone know of this guy? he seems to go against what every one here is saying. but he doesn't really explain any reason behind his anti-trend following advice. his website has nothing to do with the market either.
[ame="http://www.youtube.com/watch?v=l1PtS9BXdwE&list=UUxEGqeJmTXo5X06mi1Ez_vw& index=10&feature=plcp"]Why Trend Trading is a scam! - YouTube[/ame]