msbh wrote: ↑Mon Apr 12, 2021 9:13 pmIm like any trader who makes mistakes
The thing is until when will we / I keep repeating the same mistakes.
How can we cut down our mistakes?
We are following Xard's Trend Following Trading System.
From the thread name "Trend Following", but we still end up taking counter-trend trades
which don't move far and get us in trouble.
Take a look at the 2nd dot triangle which got printed today on US30 M30 timeframe.
After the triangle got printed price didn't drop, instead it reversed. Why?
Because the UP trend is still strong
I also agree that the Xard system works against the trend, it follows the trend only after a correction, and when it is growing, it goes against the trend, similarly in the opposite direction. It is very difficult to catch large movements along it.