- Mar 4, 2018
95% of traders trading against the trend lose too.
Yes, 95% of the traders fail as they do not know how to follow a trend. They enter the market at the wrong moments. They get hastled due to rebounds and leave the trades at the wrong moments. There are several reasons but following the trend is the right option. Thank you!
need a trend following formula, those who teach do not know it
Trend trading is longer term trading. If trend is correctly and timely spotted, then there is no chance that trader can make a loss. It might be that he closes position prematurely and lose some of potential earnings