Why does ET countertrend powerful trends so much ?

Depending on point of view. It is possible that one persons counter trend trade is another persons with the trend trade.

Lets face it, without specifics, we are all just blowing our Vuvuzela.

 

i can see that SPY is in a powerful uptrend while UUP (USD ETF) is in a powerful downtrend.

so I just buy dips in SPY and sell rallies in UUP? if i start with $10K account how much can i reasonably expect by Xmas?

i need a new wireless mouse from Logitech (~$50). will I be able to earn that much after tax?

 

Clearly a troll post, however I'll respond anyways for self entertainment. Note Troll response.

"so I just buy dips in SPY and sell rallies in UUP?" Yes!

"if i start with $10K account how much can i reasonably expect by Xmas?" More money than you can imagine!

"i need a new wireless mouse from Logitech (~$50). will I be able to earn that much after tax?" Only amatures pay taxes. Learn to be PRO.

 

oops, you should have written paper traders and losing traders don't pay taxes to be closer to the truth.

hard to believe the rest of your response.

 

You think I'm being serious? Read my post again. Or you just trolling me back?

 

Well said. A point lost on so many on this site.

Only rarely does the market clearly signal when a move is completely exhausted and about to reverse on a dime. And those occasions offer big quick wins if you are fast enough to get onboard.

My analysis of market data reveals that, the majority of the time, reversals take place due to swarming activity by market participants. Swarming is a chaotic process and this makes the actual price of the top or bottom very hard to pin down until well after the fact.

If you examine tick level order book and transaction data it's easy to see less experienced players shorting every temporary pause in an up swing and getting murdered when strength comes back into the market.

 

No.
(This is a renovated version of the old random walk theory.)

... that bottoms and tops are managed by big pockets.
(How could it be different)

 

few months ago I stumbled across an ebook that I found very insightful as rookie. I still have it on my HD. from the very beginning it urges how to trade WITH the trend. perhaps worth a quick read.

 

Swarm behaviour != random behaviour. This is a common misconception.

Some are. Some aren't.

 

There is only ONE top (or bottom) price but an almost infinite # of good entries trading the trend.

Even a lousy entry can make $ in a strong trend.