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Strategies & Market Trends : Swingtrading - Tricks of the Trade

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To: Brandon who wrote (13)10/3/1999 11:30:00 PM
From: Brandon  Read Replies (1) of 551
 
One of the major points that successful traders will try and make to you, if you can get one to talk to you, is not to trade against the trend, so that is also a major component of my system.

I don't trade against a primary trend. If you trade with the trend, it puts the primary momentum of a stock, commodity, currency or bond in your favor. Trends always remain intact until a fundamental economic event changes them. Traders become creatures of habit, and eventually they get so used to buying XYZ on pull-backs, that it becomes very hard to change that bias.

Brandon
www.mtrader.com/swingtrade
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