As long as the trend line is not broken, just tag along with the smart monies.
Trend following is about not using your brain.
Some ask what happened if we join the trend now and it turn?
Answer is no choice, have to cut loss and look for another trending stocks. Trading is about taking risk and cutting losses. We can never know at which point smart monies want to U turn the stocks. We can only learn to managed our risk and preserve our capital to fight another day.
What will the US Fed do for its March FOMC?
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Despite the weakening US economic growth and rising inflation, the US Fed
will remain status quo as projected by the Fedwatch tool.
3 hours ago
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