What planet are you on?


The general line, so far as trend following, is that you will lose money on three out of four trade, make maybe one homerun in every 12 trades, and cut your losses - with the trend - the second it goes against you!


How can you get wrecked when news goes against you when you are the one using the stop order? A trend follower is the first one out!


Maybe you are thinking of counter-trend scalpers - meaning they exit counter-trend - seeing as selling small winners and holding big losers is thw only way you can skew your wins/losses around to more wins but bigger losses. But anyone fast enough to scalp pops is going to be the last person getting caught in news.


Frankly, what you described sounds more like the counter-trend idiot at channelingstocks.com.


leroy