How often does trading against the market trend increase your profits?

[Dr.Bitcoin_Strange]

Before you ask about how often it increases a trader's profitability, you should first ask if at all trading against the trending can be profitable. Trading is not like gambling where you bet against public opinion and expect "magic" to happen(like you said).There's a quote in trading which states that, "if you want to be profitable, then let the trend be your friend."  That's actually telling you to following the trend because price is likely to respect the trend for some period of time and you as a day trader can always catch some trades before the market reverse against the current direction. Instead of trading against the trend, I'd rather not take a trade or I'd rather take a trade on the current trend and lose the trade, at least I know I followed the trend but price reversed on me. Normally, trading is not easy.

[Awaklara]

Okay, here is the question; few days past let me say beginning of Friday/ Saturday we see that the markets touched 62k at this point I had this feeling to enter a position against the market direction to see if there could be any magic to happen,

So you are experimenting with trading using your feelings or your instincts that tell you to open a position against the market? You might be able to do it and make a little profit, but trust me, that kind of approach won't give consistent gains. Could that also be what they call gambling in trading? Because with that method, likely, traders are just relying on luck that the market moves according to the positions they take.

[LogitechMouse]

---
Okay, here is the question; few days past let me say beginning of Friday/ Saturday we see that the markets touched 62k at this point I had this feeling to enter a position against the market direction to see if there could be any magic to happen, I actually used low leverage where i wouldn’t be that easily getting liquidated, and when I open the position I noticed that the market hits 65k and after it touches that I had to pick the little profits. This is my first time of experimenting this but I know that it won’t regularly repeat itself but I felt that sometimes doing the reverse could help at time. Have you tried this before and how does it happen, do you end up losing more ? Since most time people talks about not trading against the market trend if you must make profit.

Doing it once isn't enough for you to say that going against the trend is a good thing. Also, it went up because of the 2 news that happened where both of them are bullish to the global markets including the crypto market.

Use that as your strategy, and do it in your next maybe 50-100 positions then post the results here. There's a famous quote that says "The trend is your friend", and that's true. The market punishes those who don't go with the trend that's why those traders who has trend-continuation strategies always wait for a confirmation before they enter. I have tried it just yesterday where I saw the pump already and I think that it will already go down because I've seen some red candles already. My mistake was that I didn't wait for a confirmation and more confluences. Ending? I lost because the market went up even more. That's trend continuation.

I don't think that that kind of strategy will work for me. Going against the trend. I haven't heard somebody that has that kind of strategy as well. Maybe you only?

[Catenaccio]

Use that as your strategy, and do it in your next maybe 50-100 positions then post the results here. There's a famous quote that says "The trend is your friend", and that's true. The market punishes those who don't go with the trend that's why those traders who has trend-continuation strategies always wait for a confirmation before they enter.

In any market, "the trend is your friend" is always right, and with both spot trading or margin or futures trading. If people go opening their trading positions against the market trend, it's very dangerous that mostly end with loss and even worse with liquidation. Sometimes, the trend can be upwards or downwards but be careful with that because of short squeeze or long squeeze especially people who use leverages for their trading positions.

If people trade against the market trend, it's risky but if they use leverages to do that, likely they will have very high probability of ending with liquidations.

[sergiorus]

Use that as your strategy, and do it in your next maybe 50-100 positions then post the results here. There's a famous quote that says "The trend is your friend", and that's true. The market punishes those who don't go with the trend that's why those traders who has trend-continuation strategies always wait for a confirmation before they enter.

In any market, "the trend is your friend" is always right, and with both spot trading or margin or futures trading. If people go opening their trading positions against the market trend, it's very dangerous that mostly end with loss and even worse with liquidation. Sometimes, the trend can be upwards or downwards but be careful with that because of short squeeze or long squeeze especially people who use leverages for their trading positions.

If people trade against the market trend, it's risky but if they use leverages to do that, likely they will have very high probability of ending with liquidations.

Trend can be very different on every timeframe.

You can short correction after an impulsive move upwards within an uptrend or long a bounce off of oversold zone in a downtrend. Nothing wrong with that.

Speaking about futures, high timeframe trend doesn't really matter for that as you probably won't hold a position for a long time anyway. And on low timeframe trends can change very quickly.

[AVE5]

Okay, here is the question; few days past let me say beginning of Friday/ Saturday we see that the markets touched 62k at this point I had this feeling to enter a position against the market direction to see if there could be any magic to happen, I actually used low leverage where i wouldn’t be that easily getting liquidated, and when I open the position I noticed that the market hits 65k and after it touches that I had to pick the little profits. This is my first time of experimenting this but I know that it won’t regularly repeat itself but I felt that sometimes doing the reverse could help at time.

My thumb up 👍for the first time experience and how it ended you profitable, I guess you haven't been so conversant with the diverses of trading strategies otherwise trading against the market with this strategy had been a very common trading strategy.
You must not only be consistent of predicting the price with one particular analytical pattern. The market is very volatile and relying on mere speculations and news may not been enough to take side.
Many more events are of the necessity where you can derive some data's to create a market position that you think some certain strategies can give you wins.
So it's good to think ahead of your trading timeframe with many alternatives strategies available to play along the game.

[Hamza2424]

Have you tried this before and how does it happen, do you end up losing more ? Since most time people talks about not trading against the market trend if you must make profit.

So you opened a long trade at $62k, and the market moved to $65k, but you only made a small profit because you said you chose low leverage? Bro, you missed a beautiful chance to make a good amount of money, but no one could ever be 100% sure of the move. Anyway, be happy, and never mind my comment.

Actually, I said this to confirm what you did!

Well, you were just confirming your doubt, but why did you think that from $62k the market should go down? As you said, you tried something new, which was to open a trade in the opposite direction. That means you were expecting the market to go down, so instead of opening a short trade, you went long!

[Peanutswar]

[..]
Okay, here is the question; few days past let me say beginning of Friday/ Saturday we see that the markets touched 62k at this point I had this feeling to enter a position against the market direction to see if there could be any magic to happen, I actually used low leverage where i wouldn’t be that easily getting liquidated, and when I open the position I noticed that the market hits 65k and after it touches that I had to pick the little profits. This is my first time of experimenting this but I know that it won’t regularly repeat itself but I felt that sometimes doing the reverse could help at time. Have you tried this before and how does it happen, do you end up losing more ? Since most time people talks about not trading against the market trend if you must make profit.

In which time frames you trade or even what specific days because for me it affects how does the market opens. So in trading we need to consider the Monday as a good opportunity for the news and the open of the market and weekend is one of the less volatile then next is what are the current trend of the market and pattern of course if ever the market is down and its weekend an its touches the bottom of the trend line possible reversal pattern at the weekdays so this is common happens and vice versa of course. Well if you only have time to watch the market in the bigger pictures its good to scalp small gains.

[Arenga pinnata]

Okay, here is the question; few days past let me say beginning of Friday/ Saturday we see that the markets touched 62k at this point I had this feeling to enter a position against the market direction to see if there could be any magic to happen, I actually used low leverage where i wouldn’t be that easily getting liquidated, and when I open the position I noticed that the market hits 65k and after it touches that I had to pick the little profits. This is my first time of experimenting this but I know that it won’t regularly repeat itself but I felt that sometimes doing the reverse could help at time. Have you tried this before and how does it happen, do you end up losing more ? Since most time people talks about not trading against the market trend if you must make profit.

Actually, I often use this strategy as well. But I don’t use it in the futures market; I use it in the spot market for swing trading. That’s because I believe the best time to buy is when others are panicking and selling, when prices are correcting, or when the market is in the red. And for me, this strategy has been quite successful. 

I’ve repeated it quite often. It’s just that this sometimes means I don’t trade at all during certain periods before a market correction occurs. That’s because I always wait for the market to turn red and for me to see sellers start to decrease and buyers start coming back in. And even though that might sound counterintuitive, it’s actually a good moment in the spot market. But in the futures market, I don’t dare take that risk, because the market can correct much more sharply.

[Mpamaegbu]

...the fact is that; any trader who has refused to ask questions in other for them to learn is actually loosing track and could land themselves into making more losses at last.

Yes, that's right. A closed mouth, as they say, is a closed destiny.

Have you tried this before and how does it happen, do you end up losing more ? Since most time people talks about not trading against the market trend if you must make profit.

Though it's said that we shouldn't trade against trends, it doesn't mean that within trends there aren't counter trades. There are counter trades of course but they're short-lived. It's risky running on counter trades. Except one is good at TA, it's not advisable doing that. In the past I used to impulsively do that. Now, I don't. I only trade in the trend. If I can't distinguish what trend the market direction is on, I stay off my charts. Traders don't need to trade every now and then.

[CryptopreneurBrainboss]

This is my first time of experimenting this but I know that it won’t regularly repeat itself but I felt that sometimes doing the reverse could help at time. Have you tried this before and how does it happen, do you end up losing more ? Since most time people talks about not trading against the market trend if you must make profit.

The most common advice is to follow the market but if you are a smart trader that makes use of both fundamental and technical analysis then you can be able to deduct when the market is about to reverse and in that case instead of following the trend of buying when everything seems to be going up, you can then decide to bet against the market and this can favour you. It is a very risky move but one which can give you a lot of profit if you time the market perfectly. There are traders that get lucky and make profits when they go against the market but if they try it again it ends up badly for them because they were just lucky the first time and not as if they interpreted the market correctly. No decision should be made with emotion when trading, your chart should be the one directing you and also interpretations from the news surrounding the market should give you a clear indication of what is about to happen next then your timing should also be perfect.