Fade the Amateurs (RAMBO pattern trade)

Nothing’s a sure thing, but … fading the Amateurs comes close.

Now don’t get your feathers in a bunch. Maybe you don’t like hearing me say “the Amateurs are often wrong”. But are you here to trade and make money or be polite?

So watch for low average trade size at breakouts or breakdowns. Then if the market “V” reverses, jump on board and fade the Amateurs.

Good luck with your trading this week.