Dislikedyes i did trade against trend..at the time i thought i was trading with the trend...because hourly chart looked like it was heading downwards..
now when i look at hourly chart it looks like higher highs...and lower lows...so i need to focus on reading trend correctly.
reason i did it was because before i entered the trade it was double bottom, and it looked like price attempting tripple bottom with conviction..i thought bottom will not hold for third time...and put scout in to get strong position on breakthrough at the third attempt at the bottom.
but...Ignored
700 pips straight without retrace. I'll be more than happy to see it hit my stoploss at 30 pips rather than a margin call Yes, I'm undercapitalized but most traders are