Fading oneself won't work at all for an undisciplined trader. Regardless of the entry direction, 1) the trader won't take quick losses 2a) take profits too quickly or 2b) don't take profits expecting the move to continue to the stars, ending up closing a big winner at b/e, worst yet, with a big loss. Fear and greed will be always working against the trader independent of the trading direction. It's all in the exits.
Trading the opposite of what you or your method say to do presumes that the market is bi-directional. It is not. Don't forget about sideways.
This has now been said on this thread... What? 500+ times??? Including myself 3+ times. Doesn't anybody get it? ~The Scientist
The market never really is "sideways". All you have to do is go into a lower timeframe. And all of a sudden, there are trends... Best, ~Scientist
So many people know it, and they still lose money. And I ask you, where is the discipline? ... As my third grade teacher said "not in the classroom"... TM Trader
When I was a commodity broker we had a client who always called at the exact top of moves (because he was cautious). We did not trade inversly to his calls but ifwe did it would have been most profitable. On the floor we would fade moves when the clerks were running towards the pit with retail orders. If you are a position trader you should enter with the trend when the ST indicators are giving the signal to go opposit the trend.