#TrendTradingStrategy
Focus and identify market direction, then follow it.
I personally follow the significant downward trends only, when buying and I do so slowly. That means that one only spend 5 to 10% of the funds you availed, at a time, following the downward trend.
By doing this you reduce your average token cost throughout your buying cycle, until you stop buying, the downward trend turns.
The moment an upward trend starts developing and it goes above your average token cost, you start selling.
Again you do so slowly, following the upward trend, to get as good a profit as possible.
The key is to only start buying when a significant downward trend starts forming. Plus, stick to your well researched favorite list when doing trend trading.
Safe trading šš
