#TrendTradingStrategy

๐Ÿ“Š Trend Trading Strategy 101

Trend trading is about riding the wave โ€” identifying and following the prevailing market direction, whether itโ€™s up or down. The goal? Enter with the trend and stay in as long as it lasts.

โœ… Key Elements:

Identify clear trends (higher highs & higher lows for uptrend, lower highs & lower lows for downtrend)

Use moving averages or trendlines for confirmation

Let winners run, cut losers short

โšก๏ธ Pro Tip:

โ€œThe trend is your friendโ€ฆ until it ends.โ€ Always watch for trend reversals and protect your profits with trailing stops.

#TrendTrading #TradingStrategy #TechnicalAnalysis #MarketTrends #TradingTips