Trade Against the Trend

The brokerage industry usually recommends that new traders trade with the trend. But is trading this way profitable? It is said that if you go with the trend, the likelihood that you will win is higher. Unfortunately, experience shows that most traders cannot build a profitable business this way.

Old and experienced traders used to say: You have to buy when blood flows in the streets. That means that you should act against the trend. Actually, this saying is the expression of common sense itself. The question remains: Why do traders find it so hard to put this wisdom into practice?

The new book by Heikin Ashi Trader gives ideas and tips on how to recognize such countertrend signals in the stock market, since these are usually the best trading opportunities.

Table of Contents

Part 1: The Snapback Trading Strategy

Chapter 1: Trade when the mass is afraid
Chapter 2: Why I do not follow the trend
Chapter 3: Mean Reversion
Chapter 4: Risk Management
Chapter 5: How do I recognize extreme movements?
Chapter 6: Patience at the entry
Chapter 7: Does the stop really protect me from heavy losses?
Chapter 8: Trade Management
Chapter 9: Exit
Chapter 10: When do the best trading opportunities occur?
Chapter 11: Why you should study the economic calendar
Chapter 12: Which markets are suitable for the snapback strategy?

Part 2: Trading Examples

Chapter 1: Examples in the stock indices
Chapter 2: Examples in the currency markets (Forex)
Chapter 3: Examples in the stock markets
Chapter 4: Examples in the commodity markets
Glossary