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.
Beyond the “Grind” Culture: How to Stop Trading Your Life for a Paycheck
and Start Building Your Own Ladder
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The story is fictional; the trap is not. The principles of breaking the
time-for-money trade and building a "ladder" through what you know remain
the most ...
7 hours ago

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