No, trend trading is not dead. Trend trading is a strategy that involves identifying and capitalizing on the directional movement, or trends, of financial markets. While market conditions and investor preferences may evolve over time, trend trading remains a popular approach used by many traders and investors.
Trend trading relies on the belief that markets tend to move in trends, whether upward (bullish) or downward (bearish), and that these trends can persist for a certain period of time. Traders who follow this strategy aim to enter positions in the direction of the trend and ride the momentum until signs of a reversal or a change in the trend emerge.
It is important to note that no trading strategy is foolproof or guaranteed to be consistently profitable. Market dynamics can change, and trends can reverse unexpectedly, leading to losses for trend traders. Additionally, the effectiveness of trend trading can vary depending on the specific market or asset being traded.
Overall, trend trading continues to be a popular and relevant strategy in financial markets, but it's essential for traders to adapt their approach, stay informed about market conditions, and employ risk management techniques to navigate the inherent uncertainties involved in trading.
I don’t think trend trading is dead rather many traders around the globe are reaping profit through trend-based trading. Identifying trends is the prime strategy for a trader to identify where to trade and where not.