moonchild
VIP Contributor
As a counter trader in the forex market what pecuiliair advantages do you have over the trend trader who has to wait for markets to print higher highs and lower lows all the time before he can get into the market in this short post we'll be looking over that.
A counter trader will always have an opportunity to make money in the market barring of the circumstances, he do not have to wait for any trend to form as he can basically just hop on and he's out of the market within seconds, he has advantage over the trend follower that have to wait for a trend to emerge.
Overall It all boils down to your skills level, there are many times where a trend trader becomes a counter trader maybe because of an opportunity and also vice versa so all of these are just labels and not rigid at all.
A counter trader will always have an opportunity to make money in the market barring of the circumstances, he do not have to wait for any trend to form as he can basically just hop on and he's out of the market within seconds, he has advantage over the trend follower that have to wait for a trend to emerge.
Overall It all boils down to your skills level, there are many times where a trend trader becomes a counter trader maybe because of an opportunity and also vice versa so all of these are just labels and not rigid at all.
