I always trade against the trend--I always make money--every trend has an end--the market has no memory beyond 4 to 5 bars in 5 minute charts--traders in profitable positions who have joined a new trend early on wish to exit with their profits before the trend changes, those not in are reluctant to chase a mature trend and be whipsawed if they do-take small profits and a lot of them ,its better than big losses and a few big profits--all of the preceding violates every single market rule that has traditionally been taught but it makes money--the only exception to the foregoing is trends that are driven by economic releases or news events--they have a life of their own that's controlled by real money players and newsies-