I thought everyone knew that? As for fading trends. You can do it, however you need to play the 40/60 rule (odds are probably even worse). Expect big gains 40% of the time and take small losses 60% of the time. Not easy for anyone to do. HOWEVER, there are "good" situations for counter-trending and "bad" situtations. New 52-week highs = no. However new highs after new lows = yes. You can really play this game using various methods. However, you MUST mathmatically adjust your trading to the expected outcome.
okay...what set-up do you use to decide if the 9,18 crossover will lead to a true trend or a choppy/whipsaw "your done" trade?...please explain more...