What is needed to profit by specializing in counter-trend trading is only the market environment

Trade in line with the market environment, that's all

But that's the part that's difficult

That is because there is always the thought that "it will come back."

Therefore, you should always consider this in conjunction with trend-following trading

You can normally cut your losses,

but afterward, whether it will come back or not is determined by the market

Ultimately it becomes an opportunity loss

So contrarian trading should be carried out in a way that adapts to the market environment

What makes that clear is ultimately price and time

Price is a support and resistance, but as I have stated many times in trading columns

Support and resistance is not actually functioning

Because it only works retrospectively

In the end, you’re choosing between whether the price will return or not

That binary choice applies to any way of thinking

Is it a trending market or a ranging market

Is it trend-following or counter-trend

There are many such binary choices like that

Contrarian trading is meant to adapt to such market conditions

Moreover

Contrarian trading is in a state similar to trend-following

If you’re going to trade contrarian, you should also consider whether you should trade trend-following at the same time, otherwise you won’t be able to continue handling it

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