What I think about contrarian trading

If you can time it to short against the trend perfectly, it would be the strongest, of course

But such convenient success with counter-trend moves only happens in relatively safe markets

In markets other than those, counter-trend is not that reliable

The counter-trend market that looks good in hindsight tends not to become a price range suitable for counter-trend at the same time

If you are going to counter-trend, it is meaningless unless you trade with a truly ultra-low lot

No matter how much you observe the market

Even if you think the trend will reverse and you switch directions, profits only rise a little and then quickly reverse back

If the long-term trend changes and you switch, you’ll fail

There’s practically no such thing as support and resistance

In the end, trading like that yields profits that stay constant and the overall gains don’t come

In other words, even with ultra-low lot, you’ll lose if you don’t have unlimited funds

If you had unlimited funds, doing Martingale in the trend-following would eventually be more profitable

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