The Trend Is Not Your Friend In SPY/S&P 500 (and other stock indices)

The Trend Is Not Your Friend In SPY/S&P 500 (and other stock indices)

I guess most traders have heard that “the trend is your friend“. Personally, I don’t do trend-following strategies, I go the opposite way: buy weakness and sell strength – mean reversion strategies. However, this depends on the instrument you trade and of course on the time frame in trading. In general, most currencies and commodities…