#TrendTradingStrategy š
Trend trading is one of the easiest and most effective ways to trade. The idea is simple: follow the direction the market is already going. If the price is moving up and making higher highs, you go long. If it's dropping and making lower lows, you go short.
You donāt need to predict tops or bottoms ā just ride the trend while it lasts. Use indicators like moving averages or RSI to confirm that the trend is strong. Always set a stop-loss to protect yourself in case the trend changes suddenly.
Smart traders aim for at least double the profit compared to what they risk. That way, one win can cover two small losses.
Trend trading works best when youāre patient and donāt overthink. Let the market do its thing ā you just follow it with a clear plan and stay consistent.