Trading reversals?

[kagein]

Am i right in the assumption that trading reversals is safer than trading breakouts?

 

[Rhody Trader]

Safety has nothing to do with the formations you trade and everything to do with the risks you expose yourself to. A higher percentage of winning trades (which I think is what you're implying) does equate to increased safety.

 

[kagein]

Thanks for the reply Rhody, your right i was implying that when i trade reversals i have a much greater winning percentage than when trading breakouts. As the market can experience a strong trend without a reversal for a long period of time, it can be quite a while before a setup that i like appears. I guess i want to be able to trade whatever the market conditions are like.