To profit from contrarian trading, you must "think carefully and cut losses"; to profit from trend following, you only have to "continuously accept the losses"
Both have weaknesses
Both have drawbacks
But both have advantages
There is an option to handle both trend following and counter-trend trading, but
that is more suited for intermediate traders and can lead to strengths and weaknesses
It is absolutely better to decide whether to follow the trend or to trade counter to the trend
Trend following won’t succeed immediately
If a trending market comes, trend following
can continue to increase even more, making past losses seem like nothing
Conversely, for counter-trend trading
many traders cannot accept stop-losses
Even then, traders who can’t become aggressive with trend following
tend not to show overall gains in total profits
Trend following yields profits only when you can trade aggressively
To achieve that, you should increase trading opportunities and contribute to profit growth
Markets do not adapt flexibly
Even with trend following, you must accept stop-losses and trade to succeed in increasing funds
Each has its own drawbacks, but
If you can counter them
You can increase funds with either approach
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