Fading a Grinding Trend Day is one of the Worst Trades 😬

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Trading Trends: To follow or to fade, that is the question? In this video we discuss why fading a grinding trend day is one of the worst trades you can do. Fading is basically taking a contrarian perspective and taking a trade against the trend. I'm not talking only from an intraday perspective but also from a swing trading perspective. If its a trend, the trend is your friend until the bend at the end or so the saying goes... Grinding trades like this you have no idea where it is going to end. You are literally stabbing in the dark. How can you manage the risk on such trades? It is very difficult to measure the risk in such instances. The key to good trading ideas is to know where you can exit as cheaply as possible. OK.

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