Trading against the crowd

 

It is gainful of a truth when trading against the crowd, the odds are high so also are the returns. But what you must take note of is that you can not just jump on start trading against the crowd because of the prospects of uncalculated high profits. You have to critically examine your options. For example, you can’t go short EUR/USD when the Greek situation in getting very much better and US labor reports are not impressive because you feel by impulse it could easily turn around. Don’t trade unreasonably against the crowd because you feel there are more pips for you that way. You must be very technically skeptical to do and then you must have a data to support your future anticipation if you do s