DislikedHi VEEFX, thanks for the questions, here my answers: "Agree in principle but I am the guy with all the questions in the world :-) Would you consider trend following traders (in essence trading DFM- Divergence from Mean) subscribing to "herd mentality" who will always lose in the long run?" In a nutshell, trend followers on the DM side are the ones who get whipsawed; who often enter expensively into the market, who even if they catch a "trend" get kicked out early or half-way; and if they are persistent, they are part of the big DM positions eventually...Ignored
DFM = Trend Following (Divergence From Mean or Following/chasing of Price wherever it goes). Mostly EMA Cross or Breakouts
RTM = Reversion To Mean (Trading Reversals, Tops/Bottoms, Waiting and Sniper style at S/D or SR levels mostly swing trading style)
Kindly explain more hopefully with a chart how you trade when you mention "Looking at my own approaches; my most "consisten" approach is a day trade approach whereby I often trade opposite of the "general move"; but this is just my own trading style."
Staying in my lane...