DislikedCan Jacko or anyone else explain me why does Jacko tell us to always trade with the trend yet i've been looking at his "Live Trade" topic in the other forum and he used to make a lot of trades against the major trend (like when the market would "over react"). Was that just in the past or is there something i'm missing here?
edit: also, Jacko says trading longer term is better because of lesser noise yet in his living trades topic he would constantly be looking for 10-20 pips profits (and often against the major trend!). Was that just his...Ignored
It is my understanding that was all in his past. And although some of his "turtles" do take counter-trend trades the main method he uses is with the trend as described here. As far as the method is concerned I would stick to the rules contained on this thread; the other thread is really just for background information on Jacko I think. Hope that helps.
Regards,
Dan