#TrendTradingStrategy
Trend trading involves following market momentum by buying in uptrends and selling in downtrends. Key steps:
1. **Identify Trend**: Use moving averages (e.g., 50-day & 200-day) or trendlines. Price above MA = uptrend; below = downtrend.
2. **Entry**: Buy on pullbacks in uptrends or breakdowns in downtrends. Use indicators like RSI (30/70) or MACD for confirmation.
3. **Stop-Loss**: Place below recent swing lows (uptrend) or above highs (downtrend) to limit risk.
4. **Take Profit**: Trail stops to lock in gains or target resistance/support levels.
5. **Risk Management**: Risk 1-2% of capital per trade.
**Pros**: Captures big moves; simple rules.
**Cons**: Whipsaws in sideways markets. Best for strong, sustained trends.
*Optimize with backtesting!* 🚀