As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.
Do you only trade according to the trend or you counter-trend trade from time to time?
Yes, one of the skills needed in trading is adapting to circumstances, and that includes trends. However, many people have made small or large profits just because they suddenly followed the trend. However, this also needs to be accompanied by analysis, because when market trends occur, quite a lot of people take advantage of this to their advantage. So, although following trends is good, we need to carry out analysis and speculation, while adapting to it.