Quote from: shawonngp on August 20, 2024, 02:10:00 PM

Quote from: laubeaud on August 20, 2024, 09:00:06 AM

Do you only trade according to the trend or you counter-trend trade from time to time?

Even also professional traders will never want to trade against market trend, it's high risk trading and loss will confirm, so how dare a trader will go to trade against trend? in spot trading you can not successful trade if counter trend trading. I am following market trend specially in short term trading.

It is very risky when we trade against the trend, we can do it but we must also be prepared for the risks that we will feel. Some people may go against the trend, for example when the market is down they will continue to trade and enter long, but usually they also have a lot of backup because when the market goes down again they will re-enter at a lower price. A much stronger mentality must also be had, because we will likely see much greater losses. Not many people do this and also when they dare to do it then they will be ready with large capital and they will certainly be very prepared for the losses they will face. So this depends on our choice, but I personally prefer to follow the market trend.