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so the term contra trend trader does not really have any meaning. every trader is trading with a trend some trend.

what i am trying to say that a trader can only make a profit if the market moves in his favor and once a market moves in a particular direction,there is trend. so all traders have to be trend traders but some are trading very short term trends while some others may be trading long term trends...

on any chart in any particular time frame there are many many trends .......you must identify as many as you can. then and only then will you know whether to buy or sell ......meaning you must know which trend you are trading if not you will never know when to take profit.

maybe but what is the use of that car. stop trading

that is ridiculous statement: discipline should be a part of your fantastic system; if not it is not a fantastic system. your system should dictate when you should take the trade.

the only way people get rich is by others getting poor. unless you are printing currency notes

the key to trading is to wait, till what you want to do, makes sense. Brooks has mentioned this many times, though may not be, in those exact same words.

Brooks clearly says that setups are necessary to control risk and his purpose was to reduce risk with tight stops. I have a problem with that: you cannot buy the low and sell the high so putting a tight stop will certainly trigger it. so i put a wide stop....increase the probability and risk and...

i use only the chart with a ma to help. i focus on context to decide trade direction-what is most likely or likely-and then look for an entry set up and i use wide stops -this last is personal and is discussed in detail in post no 208.

most of the time, the market itself does not know where it is going, so waiting for the market to figure itself out [and not trying to figure it out by myself] is what i mean by saying'what i think is likely'.

i just go with what i feel is likely according to my analysis of context. if the unlikely happens, i depend on my stop,which is wide always , or mostly i cut and run. i do not follow of the fashionable practice of tight stops.....not because it is wrong but because it makes me tense that it...

'a trend line break how ever major is not end of any trend........a test of the high and reversal with lower high or higher high is the signal for a reversal. if the markets moves well past the previous high surpassing it by a big amount then you have to wait for another major trend line break...

that trend a trend need not be 3-4 months long incidentally i closed my long at the close of the 'spike'

well do not trade it then?has the mafia got a gun to your head forcing you to trade it? and if that is bitcoin then it is BS

ARE YOU KIDDING ME?what can be more simple trend following than this? everything comes to him that waits.

this may show that trading is not for the intelligent or the logical mind. that is why 95% fail at it. but it may be for the enlightened one

is this not investing? trading by definition is buying and selling or so i thought

my trading is just that...simple trend following but with 5 min......and i believe that will never be gone.

i think i already covered it earlier. that is called context and can context ever be quantified?