Hi Guys,
This is my first post as a member but I have been reading your posts for a few weeks now and have learned so much already. Thanks you all for your contributions.
I have been thinking about the whole general concept of trading I have been curious to know if the idea of trading the opposite to what your instinct tells you to do would work.. I am trying to understand the concept that if 90% of us newbies lose consistently does that not mean that we are doing the same thing wrong time and time again..hence if we can train ourselves to do exactly the opposite (sell instead of buy or vice versa) of what out current losing system says we should do would we not have a greater chance of success. That is as long as we have a good losing system. Even then one could have a better risk/reward ratio as it could be 3/1 maybe as if one is doing the opposite this converts to a 1/3 ratio. Apologies if this sounds very basic and I have no idea how to test out this concept as I still haven't a clue how to properly use indicators but I would be interested to hear if any of you have discussed this in here or am I losing the plot altogether..... Once again this is a fantastic forum and I look forward to hopefully being able to contribute something useful here in time to come...
Regards,
Blinkers....................