#TrendTradingStrategy
Trend trading means you follow the *overall direction* of the market. If the price is going up steadily, it’s an *uptrend*, and you look for buying (long) opportunities. If it’s going down, it’s a *downtrend*, and you may sell (short) or avoid buying.
Key Points:
- *Goal*: Ride the trend and exit when it weakens.
- *Tools Used*: Moving Averages (like 50 or 200 MA), RSI, MACD, trendlines.
- *Entry*: After confirming a strong trend.
- *Exit*: When indicators or price action show the trend is losing strength.
- *Risk Control*: Use stop-loss and proper position sizing.
It's about patience and discipline—not chasing quick profits, but growing steadily with the trend.