Sunday, September 30, 2012

on trends in the markets

Trend is your friend

until it makes a turn.......

so true, but in the long run I really believe in riding the trend to make my trading a profitable one. I can not trade with a short time span. I am a position trader and as such I need to ride trends. It is impossible to sell at the high or buy the bottom. I focus on getting the middle part of a large trend. These trends can last a few days or more likely several weeks.

Just ride the wave

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