Trend trading is about holding your positions for a long time, perhaps even for several months. To trend trade, you need to hold your position while the stock reacts against the main trend.
Now no one is going to mail you an invitation to join the party...
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Trend trading is about holding your positions for a long time, perhaps even for several months. To trend trade, you need to hold your position while the stock reacts against the main trend.
Now no one is going to mail you an invitation to join the party when the stock takes off. When a trend first pops its head up above the wall, few people pay attention. Professional traders constantly monitor and screen their markets looking for breakouts and positive divergences.
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