Trend Trading Is Serious Business
So an awful lot has been written as regards to 'buying and selling with the trend'. And for good cause, as the actions of longest length arise with the trend , not towards it. Yet, with all that has been said and written about this subject, many buyers can not face up to the urge to go into trades at rate locations that they expect to be the 'stop' of the trend. Who would not need to win the lottery, or to hit a grand slam, or have Ed McMahon knock on the door to say "you received the Million Dollar Sweepstakes"? Entering a trade right while an antique fashion is ending and a new fashion is beginning (in the contrary direction) could feel like triumphing the big prize. That is the trap that snags people who attempt this low opportunity trading approach into amassing preventable losses. In my career as a Market Analyst, performing diverse calculations or the use of diverse strategies, my activity is to determine when marketplace tops and bottoms are probab