#TrendTradingStrategy #TrendTradingStrategy
Trend trading is a strategy that involves identifying and following the direction of market momentum. Traders using this method aim to buy when the price is in an uptrend (higher highs and higher lows) and sell or short when it's in a downtrend (lower highs and lower lows). The key tools for trend traders include moving averages, trendlines, and indicators like the MACD or RSI. Success relies on patience—holding positions as long as the trend persists. It works best in clearly trending markets, not sideways ones. Stop-loss orders help manage risk if the trend reverses unexpectedly.