Why Trend Following Strategies have worked in past and will work in future?
The reason is very simple TREND FOLLOWERS make money when the price moves, eventually everything moves might be it down or up๐๐
How they make money๐ฐ?
By following the crowd๐ธ
@PradeepBonde Hello , i have a question should it be just focused on the momentum stock like a 5 star setup in a lagging sector or a 3 star setup in a hot sector , like which stock to prefer first ? as i am really having trouble combining these 2
Thank you for the answer
@TedHZhang Same in fsly i was nearly 20% up as it opens i was down nearly 30% of my entire position same also happened in aosl , it was the worst day in my trading carrier
Never let anyone piss on your dream. Avoid all that weakens you... and that may even include some family and friends. Real friends will support your dream. I've never heard a super successful champion tell me or tell anyone "it can't be done... you can't do it." But underachievers say it all the time. Only those who never did something, say it can't be done. THEY HAVE NO CREDIBILITY!
Dream big.
Dream often.
Act on those dreams daily.
@GopalAnand25@81 I understand that if trade fails the risk is less but isnโt there should be enough room to work out the trade?
And you are taking on options the trade?