I've been using a trend following method that buys on the dips. It has been just moderately successful. I seem to get my a$$ handed to me when I try to trade breakouts. And I'm working on a mean reversion strategy that I'm hoping will make my trading more consistent than my trend following method has. Discussion of your experiences appreciated.
I guess that is a form of mean reversion but I should have thought to include support/resistance separately.
The mods moved my thread and I couldn't find it! Now that I have, it seems the votes are split between trend following and mean reversion.
Those who love to catch falling knives will always resort to the mean reversion method. Those who like to play safe will always follow the trend, provided there is one. Lastly, the Ãberwonks who are always late to the party will go for the breakouts. Do you get my drift? It all depends on where in the trend you decide to load up that will dictate how you'll play.