QUOTE(hehe86 @ Jun 14 2013, 09:58 PM)
Bump!

My strategies are:
1. In uptrend, I will go Long on Dip
2. In downtrend, I will Short on Rally
3. In sideways market, I'd most probably stay away....if you still want to trade, buy at support sell at resistance. but I will only do it if the sideways movement is wide enough
Since our stock market can only buy, so only 1 and 3 can be used. However, for strategy 3, I find it very difficult to implement on our stock market due to tight movement during market consolidation. So most of the time, in order to make money, only strategy 1 will be useful. more often than not, you'll lose money in strategy 3, not to mention strategy 2.
The question is, how you define what the current trend is?