This bad habit will cost you a lot in trading

[laubeaud]

As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.

Do you only trade according to the trend or you counter-trend trade from time to time?

[Kemarit]

As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.

Do you only trade according to the trend or you counter-trend trade from time to time?

How about this saying, "buy when there is blood on the street", meaning you should be buying crypto when the market looks bleak, doom and gloom or when things look worst.

Can it be considered as counter-trending? So for me this is also a good approach in trading or for any investment for that matter. It's a contrarian approach, but if you look at it, this is one of the best adage that has been know to traders for years and it could be very effective.

[saprakib]

As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.

Do you only trade according to the trend or you counter-trend trade from time to time?

I think only beginner might trade against market trend. We all know that trend is friend. So we have to make our plan with the trend. This help to increase our chances to make more profit and decrease losses. Trading is always a risky way of earning if we trade against the trend it will be more risky. So follow the trend is always a good thinking and professional trader always make their plan according to the market trend. So i have never tried to set a trade against trend and never suggest to anyone to go against trend. Keep it mind it again trend is always our friend to go ahead on the market.

[_act_]

Do you only trade according to the trend or you counter-trend trade from time to time?

This will depend on the type type of trader you are. Scalpers do not consider trends. They prefer to make use of indicators coupled with some other strategies to achieve good results. People that will use trends to trade are swing traders. If talking about trends, sometines there could be a reversal in such a way that the trend will go the opposite direction.

[Hatchy]

As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.

Do you only trade according to the trend or you counter-trend trade from time to time?

Though some advanced traders trades against the trend, it's still not advicible. Trading against the trend will put you into more risk than trading will expose you to. The best practice as a trader is to trade along side a current trend. Also you should make sure to look at the market from a bigger perspective view. Most time the trends in the htf might signify buy or sell but then the lower time frame significantly shows something else which will put you at risk of losing a well planned trade. Trading with all time frame in same trend will likely increase your win ratio more.

[Gurujebs]

Do you only trade according to the trend or you counter-trend trade from time to time?

Practically, trading without a trend makes you lose most often but you know that all traders can't think in the same pattern. There are people that will long the market and there are people that will short the market based on their own speculations on the market. Not everyone will be bullish about the market and not everyone will be bearish about the market.


There are some people thag think that the trend people follow are fake and sometime they are right about their predictions. When Bitcoin finish its halving a lot of people were saying Bitcoin is going to make a new all time high as high as $100k but unfortunately it never made it as we speak and anyone that has short market from there will be in money right now.

[Ujok]

As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.

Do you only trade according to the trend or you counter-trend trade from time to time?

everyone has their own strategy, now the market price is fluctuating with movements like we have to be alert in trading, don't let conditions like this make you lose.. conditions like this are not a trend because every year the average crypto price is like this due to many factors that make the crypto price go down.. if you want to trade with market price conditions like me, please be careful and must be smart in taking opportunities to seek profit.

[_act_]

Though some advanced traders trades against the trend, it's still not advicible. Trading against the trend will put you into more risk than trading will expose you to. The best practice as a trader is to trade along side a current trend.

Traders that are not ready to close positions on long term but prefer short term can not always be waiting for trading towards the trend. Like now that bitcoin is not going up and not going down so much but just in a less volatile way, should traders not trade? Traders continue to trade at all time. I noticed that both traders that open long or short position are making money now if they are patient.

Not that I am advising people to trade against the trend, but people always think it is easy to trade and easy to know the trend but that is not how trading is. If you are trading, you will understand what I mean.

[Hatchy]

Traders that are not ready to close positions on long term but prefer short term can not always be waiting for trading towards the trend. Like now that bitcoin is not going up and not going down so much but just in a less volatile way, should traders not trade? Traders continue to trade at all time. I noticed that both traders that open long or short position are making money now if they are patient.

Yes, some traders still trade in a consolidating market. To do this, you need to look at smaller time frames, like 15-minute or 5-minute charts, to find trading opportunities. I sometimes take trades against the trend, but this requires constant monitoring to avoid losses. Trading against the trend is harder and riskier, which is why I don't recommend it. It's only done to make small profits. The market is always moving, and some traders don't want to miss out. However, trading with the trend typically yields bigger profits than trying to catch a retest.

but people always think it is easy to trade and easy to know the trend but that is not how trading is. If you are trading, you will understand what I mean.

Trading isn't easy, but then you can tell what the current market trend is. You just have to look at it  from the bigger picture ie, a higher time frame which is the monthly or weekly candles. This way you will be able to know what the current market structure. Then with your poi and patience you might find some good trade.

[Fivestar4everMVP]

As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.

Do you only trade according to the trend or you counter-trend trade from time to time?

Completely and absolutely have to agree with you based on my own personal experiences, Ive counter-trend traded the market many times in the past, and most of this trades all ended up in a loss.
Reason I used to counter-trend trade the market is when and if I do not buy or support the idea of what is trending at that time, like when NFTs were trending, I refused to join the trend because I saw no value in them, I later joined but it was already late, I bought some NFTs and was unable to sell them even till today.
When meme coins was started trending, I also boycotted it because being a serious minded person, I saw no reason to put my money on things meant for jokes, I bought utility tokens rather, most of this utility token project are today no where to be found, meanwhile, those tokens are still there in my wallet absolutely worthless.

So, coming across this thread made me remember all that I've mentioned above, and indeed, I agree that trading against the trend in crypto can indeed lead to loses most of the time.

[Mr. Magkaisa]

        -     It's just like this: when the price of gasoline is cheap or falls, will you buy it at an expensive price or at a cheap price? Even if you know that he is cheap, then you will still buy him at a high price. What do you or we call that?

Isn't it common in the Bitcoin field that most people always say buy in the dip, sell at high, or apply dca? Meaning, the common thing that trading experts do is that they go along with what the trend is and don't go against the trend because once you go against it, your fund will definitely lose in the end.

[Hamza2424]

Hmm, OP is quite impressive in choosing words, I'm not sure if English is his/her first language or not, anyway that's not our topic of discussion, OP for sure your words possess weight age, in my personal view those who like to gamble with the trades go for such decisions like trading against the trends because these people are always looking for the six scoring ball but that most of the times take a wrong shot and lose their wicket.

No doubt trading trends always impact your trades, and as OP said my words are also the same follow the trend don't be liquidity to be used by others.

[ZAINmalik75]

As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.

Do you only trade according to the trend or you counter-trend trade from time to time?

Identifying the trend is not an easy thing like at the current time half of the crypto dudes are saying the bullish trend is ending while the other half is saying the bullish trend has not started yet. But before the halving and the ETF approval all of the crypto dudes were on the same line that the market was bullish and they were buying.

That high demand took the market up and before halving BTC made new ATH. I have observed that you think you have identified the trend in some timeframe but the trend later turns out to be the opposite of what you have identified and I even have traded on this indicator that I assume the trend is up I took it opposite that it will go down. We should go with the trend but following the trend alone is not enough because trend can be faked.

[SamReomo]

Do you only trade according to the trend or you counter-trend trade from time to time?

I often avoid following the trend as that's not my way of trading. I believe to trade against the trend and hold my positions to earn some profits overtime.

I'm not a day trader but someone who believes in holding if my profits percentages doesn't reaches and if market goes further down then I do averaging to increase my profits and decrease my losses.

That way of trading is working for me and I hope it will work for me for long term. So far I have made some good profits and I make good profits on weekly to monthly basis with my own trading strategies and plans.

[electronicash]

when the market trend is an uptrend, traders will have to identify whether this uptrend can occur in the longer TF.

they confirm the uptrend when;

in the monthly chart the trend is going up.
in the weekly chart, the trend is going up
in the daily chart, the trend is going up.

Do you only trade according to the trend or you counter-trend trade from time to time?

if the trend if your friend, then you would likely be go long to profit. its always buy buy buy even when you are in the spot market.