Leran about Counter-Trend?

[bitman007]

Hellow friends ,Crypto trading means deep knoledge , vast area to learn , testing and experimenting every day , 

many are asking about counter trend  trade .Do you know what is counter trade ??

I learned about it and shareing hete so it may hekp many of us :

Counter-Trend?

If something is going up rapidly & you chose to SHORT, that’s called counter trend trade

Counter Trend Trades against key resisitance can be luceratvie but are extremely high risk

Especially using laddering techniques for counter trend can be extremely dangerous.

Trends tend to last much longer. Counter trend trades are almost always stressful & needs Averaging if you end up entering too early

While it’s easy for Pro Traders to profit from counter trend trading, most new traders find it challenging & even lose their entire capital

An astute trader aims to enter the market during quiet times and take profits during wild times. That, of course, is the total opposite of how amateurs act: they jump in or out when prices begin to run, but grow bored and not interested when prices are sleepy.

hope this will help to understand more simple way .

Thanks 

Good Luck 

[Snike]

Do you counter-trade yourself? If yes what experience did you make with it? 

[kurian]

Counter trade or Swing trading is heavy risk strategies for traders. Crypto is more volatile than traditional markets. So you may not get lucky all the time. For normal trading you can hold the coins even if you are in loss. But, in margin trading your funds will get liquidated if you can't cover the losses. So, amateur traders please stay away from such strategies. It may sound interesting but, you should know the risks involved. Do your own research.

[bitman007]

1 hour ago, Snike said:

Do you counter-trade yourself? If yes what experience did you make with it? 

I am learner , i do gaming more then trading this time , hope to learm more better ways in crypto , thsnks 

1 hour ago, kurian said:

Counter trade or Swing trading is heavy risk strategies for traders. Crypto is more volatile than traditional markets. So you may not get lucky all the time. For normal trading you can hold the coins even if you are in loss. But, in margin trading your funds will get liquidated if you can't cover the losses. So, amateur traders please stay away from such strategies. It may sound interesting but, you should know the risks involved. Do your own research.

Thsnks you useful thought 

[williamshennie9]

I have been screwed over by trading counter trend.

As the old saying in trading goes "The trend is you friend", I think it is far safer in most cases than trying to guess when the trend will reverse.