Trading INVERSLY

Quote from Scientist:


:p

Cool! What style do you do?
Maybe we'll catch up some day in a freestyle your style vs mine!
Let's exchange dojo / club addresses & meet up!

Training for Australian Team & World Championships soon... and you? :)

Peace Brother,
~The Scientist :cool:
More...

Now it's getting interesting.... :p
 
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.
 
Quote from chinook:

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 or, 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.
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How very true
 
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.
 
Quote from chinook:

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.
More...
This has now been said on this thread... What? 500+ times???

Including myself 3+ times. Doesn't anybody get it? :p

~The Scientist
 
Quote from inandlong:

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.
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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
 
Quote from Scientist:


This has now been said on this thread... What? 500+ times???

Including myself 3+ times. Doesn't anybody get it? :p

~The Scientist
More...

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
 
Quote from 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
More...

I think most people will be reluctant to try the 15 sec timeframes... :)
 
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.
 
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