DislikedI totally agree. Most persons in this thread would consider themselves trend traders and not range traders or scalpers, and yet I see people, placing orders then reversing them on retraces, then replacing contra orders, I cannot see how such a strategy can be viable in the long term (for a trend trader).
We forget that a trend is a prevailing market direction for a particular timeframe (my definition), NOT just a series of higher highs and higher lows or vice versa. (Because you can still get that in a down trend)....Ignored
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