Who has a counter-trend system that worked well past few weeks?

Discussion in 'Trading' started by bidask, Oct 21, 2008.

  1. bidask


    What are your stats?
  2. counter-trend systems always go bust, sooner or later. They work well during finite periods of price consolidation. Once the inevitable directions take hold, counter-trend traders enrich directional traders.
  3. Same thing goes for the trend systems.
  4. <i>"Same thing goes for the trend systems."</i>

  5. The last few weeks were counter-trend?

    It all depends on how you view and read your charts I guess.

    I'm an avid "Trend Reader". Only charts have "Trends" and price moves either with the "Trend" or counter-trend. If you can read price direction and strength you can profit from both directions.

    "One doesn't trade Trends, one trades price as it moves inside a Trend."

    13 years with the same account and no blow outs!