#TrendTradingStrategy
The key is to ride the wave, not fight against it 🌊
Did you know that more than 70% of traders lose money by trying to anticipate the market instead of following the trend?
👉 The Trend Trading strategy consists of detecting the prevailing direction of the price (bullish or bearish) and trading in favor of it. You are not trying to predict the next move, but to surf the wave while it lasts.
🔍 How to identify a trend?
✔️ Moving averages
✔️ Structures of highs and lows
✔️ Increasing volume in the dominant direction