#TrendTradingStrategy
Trend is your friend – that is the main principle in trend trading strategy. Personally, I prefer to follow the direction of the main trend rather than going against the flow. In this strategy, I use simple indicators like moving averages and RSI to identify upward or downward trends. When the trend is upward, I look for buying opportunities during corrections (pullbacks). Conversely, when the trend is downward, I focus on selling opportunities. The advantage of trend trading is that we can stay in a position longer and maximize profit potential. The key is patience and not rushing to enter when the trend is not clear yet.
#TrendTradingStrategy