Registered: May 2004
03-03-06 06:56 PM
Quote from ********:
For the last two hours the trend was clearly long.
Contrarian traders will be stopped out each time till the trend changes; but at that moment the contrarian will probably change direction too and continue to be stopped out.
Never fight the trend, unless you have suicidal intentions.
Indeed. I was just about to ask B1S2 why he keeps fighting the market.
Shorts, get stopped out, shorts again and the ES is still making higher highs.
What are you seeing that I dont see B1S2?