Trade Against the Trend
Heikin Ashi Trader
he brokerage industry usually recommends that new traders trade with the trend. But is trading this way profitable? It is said that if you go with the trend, the likelihood that you will win is higher. Unfortunately, experience shows that most traders cannot build a profitable business this way.
Old and experienced traders used to say: You have to buy when blood flows in the streets. That means that you should act against the trend. Actually, this saying is the expression of common sense itself. The question remains: Why do traders find it so hard to put this wisdom into practice?
Old and experienced traders used to say: You have to buy when blood flows in the streets. That means that you should act against the trend. Actually, this saying is the expression of common sense itself. The question remains: Why do traders find it so hard to put this wisdom into practice?
Categories:
Business & Economics – Trading
Year:
2015
Edition:
1
Publisher:
DAO PRESS
Language:
english
Pages:
26
File:
PDF, 8.08 MB
IPFS:
,
english, 2015