I have made most of my money as a trader by using
contrarian trading approaches like false - breaks and my proprietary fakey trading strategy.
Not exact matches
Some traders look to take
contrarian approaches to
trading but the majority of investors look at the wider trends in the market and then
trade in the direction of those trends.
In the absence of foresight, a diversified strategy that combines different information sources (fundamentals, value, risk appetite and technicals),
trading strategies (momentum and
contrarian) and holding periods (daily, weekly and monthly) far outperforms narrower
approaches over the longer term.