How do you determine when to follow the trend or counter it?

How do you determine when to follow the trend or counter it?
You don't.

If you're still trying to do this, stop throwing away your money till you have found something better.

nononsense
 
So, are you saying I should only focus on probabilities and shouldn’t be concerned with adapting to market conditions?

Quote from nononsense:

How do you determine when to follow the trend or counter it?
You don't.

If you're still trying to do this, stop throwing away your money till you have found something better.

nononsense
More...
 
Quote from K-Rock:

So, are you saying I should only focus on probabilities and shouldn’t be concerned with adapting to market conditions?
More...
Hi K-Rock,
Don't expect anybody to give his edge away.
All I can tell you is that I started to make real progress from the moment I stopped looking like a fool for "the Trend".
Get yourself something that makes money first. If you insist, you afterwards can always call this 'your' trend.

nononsense
:cool:
 
Do what works, period.

You are not going to get a straight answer from the OP.

I trade both against and with the grain.

Guess what........when you master or start to understand the market's pulse you can profit in any market.

This takes years and nobody is going to spoon feed you a method.

Cheers.
 
krock
he's saying
by the time you are trying to determine if there is a trend

the trend is either
a) too risky to enter
b) about to end.


So what do you think you need to determine now to make good money?
 
I understand what you guys are saying; however, I’m just looking for a better way to mitigate risk, for a counter trend method that is working well for me.

Ebo, I do agree that not too many people are willing to share with others; however, I’ve picked up some nuggets here and other places by searching and/or asking.
 
If you sift between the Brown Nuggets on this board, there is certainly a few Nuggets of Gold here!

What indices/commodities are you trading?

Good luck!
 
e-Mini S&P 500

Quote from Ebo:

If you sift between the Brown Nuggets on this board, there is certainly a few Nuggets of Gold here!

What indices/commodities are you trading?

Good luck!
More...
 
You may find useful this thread initiator's method:
http://www.elitetrader.com/vb/showthread.php?threadid=60313

Quote from K-Rock:

I understand what you guys are saying; however, I’m just looking for a better way to mitigate risk, for a counter trend method that is working well for me.

Ebo, I do agree that not too many people are willing to share with others; however, I’ve picked up some nuggets here and other places by searching and/or asking.
More...
 
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