Sometimes I find myself trading against the market, swimming against the tide!
This happens occasionally. When the market reaches a significant level in our favor, I feel that it's time for it to reverse and go down—even without any specific signals. Conversely, when the market keeps declining, and I anticipate further drops, I still can't resist opening a long position. It's not a regular occurrence, but when it does happen, I end up suffering losses.
Please give me advise how can solve this.
Counter trend trading is really that something that you should really be avoiding as much as you could as a trader, specially if you are someone who do make out some daytrades then it will really be that your
main concern on which making up some trend opposing kind of thing on which we know that this is really that indeed common since we are dealing with an unpredictable and random market.
Same goes into those who do make out some futures or to those who do make out some scalping too. Never goes against on the market trend yet this would definitely be making your trading capital blown.
On the moment that you are already experienced then you would be able to distinguish or would really be able to observe it out that you are really that needing to pass up or have a break when the market
is really that having that extreme volatility on which it is really just that normal that you should really be having some break or trying out to observe. On the moment or time that you've seen some
entry opportunities then this is the time or moment that you do make yourself having such action on which it will differ into each trader yet skills and knowledge would really be in different levels.