DislikedI've always heard that "The trend is your friend", but my testing says that trading against the trend is more profitable that trading with the trend.
What general style of trading do you believe is most profitable? Comments are appreciated.Ignored
While there are no guarantees in trading, this whole trading concept is about increasing your odds at picking the probable direction.
Fact: If there is one buyer and one seller, there is no trend-Flat.
Fact: If there are two buyers and one seller, the momentum is slightly trending
up, and the odds are now somewhat in your favor if you
"go with the flow" (trend)
Fact: Mathmatically the odds are favoring you 2 to 1 if you get in this move.
The stronger the trend,( buyers vs. sellers) the better the odds
are in your favor.
Fact: If the trend is up and you take a sell...you lose! (unless the trend
changes in which case you should just wait for the change, then get
Fact: These are just my simple opinions that mathmatically put the odds in
in my favor.
P.S. Fact: The above is true also for down trends