Don't go against trend

Oct 30, 2020 at 12:18
1,320 Views
24 Replies
Member Since Jul 19, 2020   751 posts
Oct 30, 2020 at 12:18
it is a very wrong idea to go against the market. It means if the market is in trend, follow the trend. If the market is in consolidation mood, trade according to that. Going against the market will end up you to getting margin call. To know more about market you need to study more.
Member Since Jul 19, 2020   298 posts
Nov 01, 2020 at 06:35
It's a very common sense that if we go against trend and hold the trade for long, our account will get wiped out. In trading we need to do the common things seriously. Knowledge and skills can lead us to the understanding of the market.
Member Since Jan 11, 2019   147 posts
Nov 02, 2020 at 08:18
I think forex is completely unpredictable 😁
Member Since Oct 30, 2020   21 posts
Nov 02, 2020 at 09:05
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Member Since Jul 19, 2020   318 posts
Nov 02, 2020 at 11:11
Forex is a risky market. If you go against the trend you may face a great loss. So, don't go against trend.
Member Since May 11, 2020   74 posts
Nov 02, 2020 at 12:17
Gracewilson1995 posted:
I think forex is completely unpredictable 😁

There is a reason for that, else we would be rich by now.
Member Since Jul 19, 2020   788 posts
Nov 03, 2020 at 01:16
Never go against the market. Market trends should follow. If you trade against the trend, you are more likely to lose. Do not trade on counter-trends. Should be with the trend.
Member Since Apr 15, 2020   219 posts
Nov 04, 2020 at 07:26
going against the trend is only optimum if you are trading on news. Any sudden event might fetch you profits on a trade opposite to the ongoing trend. Apart from that, I advise traders to stick to the trend.
The more your practice, the more you learn.
Member Since Mar 16, 2020   54 posts
Nov 04, 2020 at 11:15
the forex market is very volatile, you never know how its going to play.
Member Since Aug 06, 2019   10 posts
Nov 04, 2020 at 11:45
I am an anti trend trader. it works well for me but I understand that most people prefer going with the trend
Member Since Jul 23, 2020   759 posts
May 09, 2021 at 14:11
Never trade against trends unless you know what you are doing.
Member Since May 07, 2021   4 posts
May 09, 2021 at 15:57
It depends on many factors but in general if you looking to hunt more pips then u need to swim with trend direction
Success in trading = Lower DD + Higher Profit
Member Since Jul 19, 2020   788 posts
May 09, 2021 at 16:46
When trading trends, the possibility of loss is less. Because the forex market depends on supply and demand. So I think trading should be in favor of the trend.
Member Since Apr 03, 2021   470 posts
May 09, 2021 at 23:36
Yes many traders said the trend is our friend, but the market itself has dynamic characteristic, the trend could reverse and discontinue, here also required more understanding to analyze when the trend will end, so the trader can more carefully to brake their minds to minimize the risk, if use Alligator minds, sleep when full, out when hungry
Member Since Apr 15, 2020   219 posts
May 10, 2021 at 07:17
FXOday posted:
Yes many traders said the trend is our friend, but the market itself has dynamic characteristic, the trend could reverse and discontinue, here also required more understanding to analyze when the trend will end, so the trader can more carefully to brake their minds to minimize the risk, if use Alligator minds, sleep when full, out when hungry
Its been quite a long that I am trading still never felt comfortable to ditch the trend...
The more your practice, the more you learn.
Member Since Sep 19, 2018   27 posts
May 10, 2021 at 09:54
NOT popular opinion here but anyway here we go, Market trends are only visible in hindsight.
I would not count on the 'market trends', good luck to who will.
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Member Since Mar 17, 2021   536 posts
Sep 18, 2021 at 21:06
AliaDare posted:
When trading trends, the possibility of loss is less. Because the forex market depends on supply and demand. So I think trading should be in favor of the trend.
I think following trends is very useful for the new traders.
Member Since Jul 19, 2020   788 posts
Sep 20, 2021 at 01:21
SteveHanks posted:
AliaDare posted:
When trading trends, the possibility of loss is less. Because the forex market depends on supply and demand. So I think trading should be in favor of the trend.
I think following trends is very useful for the new traders.
Of course, not only new traders but also old traders benefit a lot by following the trend.
Member Since Jul 25, 2020   10 posts
Sep 25, 2021 at 16:00
Well, that is just common sense. Surely, you shouldn't go against the market and I believe that most of the traders do understand that. I mean that even if you are expecting the trend to change, you still trade according to trade. The major thing is to determine the main trend and how long it is going to continue.
Member Since Jun 04, 2021   8 posts
Oct 12, 2021 at 19:28
Going against the trend is a trading suicide. The very essense of trading is seeing the common tendency on the market of the majority of traders.
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