Because of its nature, stop-loss is ill-suited for contrarian strategies

Stop losses, by their nature, are not suitable for counter-trend trading

Counter-trend trading requires precise timing

As losses increase, timing becomes more off and market perspective is affected

Also, since the timing for counter-trend trades changes frequently, it is impossible to capture those changes

Ultimately, looking at it with hindsight, it only "feels like you can enter" but

the truth is that in real markets the timing is off

So, basically, when engaging in counter-trend trading, you can only do it in trend trading

It’s either trend trading or a pure breakout

People who say a breakout cannot be used do not understand the concept of breakouts, so they only use it at points where it will fail

Trend trading and pure breakout can be used when considering a single-shot stop loss

When placing a stop loss on counter-trend trading, it becomes a completely averaging-in trading feel, so it isn’t very effective

Ultimately, when a counter-trend averaging-in stop-loss succeeds

It becomes movements like trend trading or a pure breakout

In envelop trading, when considering profits

1:2 becomes the limit; beyond that, considering profits and losses, it doesn’t add up

Even if your analysis seems to be working well, the reality is that you are destined to lose

Other pure-trend systems aren’t that different

Ultimately, trades that focus on highs and lows produce far greater profits

Because they are simply translated into a system that focuses on highs and lows

Analysis is not really required; in fact, it gets in the way

William's indicators are better than Envelopes

Envelopes lack rapid responsiveness

You can understand the trend even without looking at Envelopes

Entering a trend with Williams is faster

A averaging-in can be profitable, but it’s a double-edged sword

It becomes clear when you test with a grid

In the end, you just end up being completely stopped out

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