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

[bidask]

What are your stats?

 

[IronFist]

i blew out a demo account in one day using one a few weeks ago. Search my posts for something like "attn: trend followers."

edit - here it is http://www.elitetrader.com/vb/showthread.php?s=&threadid=137242&highlight=trend

I realize that is the opposite of what you were asking for, tho

 

[austinp]

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.

 

[nonlinear5]

Quote from austinp:

counter-trend systems always go bust, sooner or later.

Same thing goes for the trend systems.

 

[austinp]

<i>"Same thing goes for the trend systems."</i>

wrong

 

[ProfLogic]

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!