Follow always, never FADE, if you follow you've got a sensible exit when the direction changes, if you fade, you can get stuck in waiting for every for direction to turn back your way. Then when you use SL, it's damn SL hit, it'll turn, back in worse price, damn it SL hit again, repeat, that'll wipe an account faster than anything.
Thanks for your opinions. I believe that throught the last 7 years indicies have shown that there's no need to try and play counter-trend as all major flash-crashes have been bought out by long-term investors. I prefer following the trend and entering reversal trades after major reversal figures (like Head and Shoulders) are confirmed and a new trend is established.
%% Good points.Longs +investors tend to make much more in stock market; but market makers can make a fortune also.........................................................................................
No real restriction with Stocks on how often you can make 50% per year for compounding. Where as Futures gets kinda scarey at $10 per pt and only 1 or 2 positions and generally very short term.
%% WELL, with an artificial/crowded time frame with less than 7 hours only to make a profit /LOL longs daytrading may get slaughtered some. BUT there also are some good reasons most funds/mutual funds/investors make most billions long/not short...………………………………………...