Is Trend Really Your Friend? Learning from My Mistake

[thetrad3r]

That has been said that trend is your friend. But when it comes to real life trading, we often forget about that simple one rule. Driving by greed and fear, we often do something that against logic.

For example, I bought EUR/JPY when I knew the trend is down. My greed and fear drove me to take that trade, and as a result I paid for my mistake dearly.

The simple rule of advice, when it comes to market trend is your best friend and you don't want to betray your best friend.

[__DBZ__]

Well that is true... anyway i think our worst enemy is our mind, we need to stick to one method (good for us and that we have confidence in).
Put our emotions aside and act like machines; this is the secret of autotrading systems... they don´t feel or think.

Anyway on the other side it is very easy to say trend is your friend but when you consider their is a trend?? that is the 1 million dollar question... i think the best thing is just not try to guess where a botton or a top is made and just trade based on our setups... sometimes 5 trades in one year is much more than 100000 trades; overtrading is other of our common mistakes and again our litle brain is there to make as fail ...