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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (18344)3/11/1999 4:05:00 PM
From: Patrick Slevin  Respond to of 44573
 
Hey, if you don't like the trade against the trend but see the chance of a hard sell just tighten up the Stop, wait for the Sell. If it does not come you are still in. If it does then you get back in lower.

A lot of people won't trade against the perceived grain.

Tom used to avoid it as well. As time went on he was more prone to do it but it does not mean you should. Whatever you feel comfortable with.