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This account uses a contrarian strategy : with an accurate timing (daily basis), trades are mostly open at the end of the day (european time zone) when the price is about to take his breath and to turn back. Those points of reverse move are identified via a complex combination of a highly-reactive technical indicator + resistance / support levels + price action (specific pattern).
Main rules : not always on the market ; strictly sticking to the strategy ; no gambling ; no greeding ; max 3 trades per pair traded.
Some of the most famous and successful traders are contrarians ones since contrarian trading has proven to be one of the most effective and profitable strategies in ALL TYPES of markets (trendy, choppy, swinging sideways, etc.). Contrarian trading is all about TIMING : it is crucial to place accurately the trades just before the reverse move. That is exactly what this system is all about.
Profit Sharing mode (recommended) is an improvement that definitely favours followers in a win-win relation with the trader since comissions are linked to the REAL PERFORMANCE (monthly) and not only to the number of trades (regardless whether those trades have generated a profit or a loss for the follower...).
==> Check the "SOCIAL" field of my profile to get regular status on the trading flight plan and detailed figures :-)
Welcome on board. Géraud
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