Section 1: The Importance of Trading with the Trend- wishful trend

Section 1: The Importance of Trading with the Trend

wishful trend pie

wishful trend

Never try to buy the bottom; follow the trend; learn to judge the trend.

Definition of rising trend: the highest point keeps moving up, and the lowest point keeps moving up.

Definition of downtrend: the highest point keeps moving down, and the lowest point keeps moving down.

Principle of homeopathic trading: only long orders in an upward trend, and only short orders in a downward trend.

Trend change: When the above definition is broken, such as the lowest point and the highest point in the downtrend no longer move down, then the original trend is broken, and it is necessary to reconfirm whether the market has entered a rising market. If it has entered a rising market, then You can do more, but what you need to pay attention to is to set a good stop loss.

Last updated: 08/21/2023 02:24

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