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    Thread: Will you still buy the opposite trend? (part 4)

    1. #51
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      Trend is a very friendly for every trader. we cant trade against the trend. if you want to trade against the trend then you can loss your money in few seconds. if your have good knowledge about trend and movement then you can start this with your own knowledge and experience. if you can analysis the market properly then you can make your own decision for your trade.


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    3. #52
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      I do not see anything that is wrong with the traders buying the opposite of the trend, that is one of the good ways to trade the market when the trader is so tactical about it. Although, to buy the opposite of the trend is riskier than trading the trend of the market, and that is what they call reversal trading strategy. If traders can carefully understand the way reversal is working, they will make money through it. They only need to make sure that they trade it when they are sure a trend is fully exhausted.


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      Default Will you still buy the opposite trend?

      No i already got suffered to place some opposite trend. so now this time i never place any opposite trend. But for my first few times i tried for that. But some times i able to earn some profit but most of the time i got loss. And now i never place any trade without proper analysis. And after analysis if i found to place any opposite trend then i just stop placing any further order.


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      Trend is the best friend in forex business for every trader. Every trader destroys their trading account only for trade against the market trend. For understanding the trend we can use moving average period 10 and 20 with daily time frame. We should not take sell trade in upward market. To understand the market movement we should improve our trading knowledge and increase trading skill.


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      There are many strategies which goes against the trend, they have their own advantages and also can provide you with good profits. But trend trading is still the best IMO and I try to not go against the trend as much as possible.


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