#TrendTradingStrategy
Trend trading is a strategy that involves identifying and following the direction of market momentum. Traders using this approach buy when the market is trending upward (bullish trend) and sell or short when it’s trending downward (bearish trend). This strategy relies on technical indicators like moving averages, MACD, and trendlines to confirm trends and signal entries and exits. Trend traders often hold positions for days, weeks, or even months, depending on trend strength. Risk management is crucial, with stop-loss orders placed below support or above resistance. The key principle: “The trend is your friend—until it ends.”