#TrendTradingStrategy 📈 Trend trading or trend following is one of the favorite strategies of many traders. What's the idea? To follow the direction of the market, whether up or down, and to hold the position as long as the trend continues.
🔍 It's not about guessing exact points, but about identifying whether the market is going up or down, and trading in favor of that movement.
⚡ Tools like moving averages, trend lines, or indicators like the RSI can help you confirm the direction.
⏳ Patience is key. Sometimes, the trend lasts for days or weeks... and other times it changes in a matter of hours.
💬 Are you someone who follows the trend or do you prefer to look for reversals? Tell me your style!