Trend Following

This is a discussion on Trend Following within the First Steps forums, part of the Start Here category; Over what timeframe is generally the most effective for a trend following set up? Obviously trends present themselve across multiple ...

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Trend Following

Over what timeframe is generally the most effective for a trend following set up?
Obviously trends present themselve across multiple timeframes but whereas a three yearly trend could be up the monthly can be down and the then intraday is a whole other world. Intrested to know how people deal with stops on larger timeframes as although a trend can be up there can be big oscillations which prevent tight stops over larger timeframes. does this mean the smaller the time frame the tight stops you can generally use so the lower risk?

I've just started doing some reading on this method of trading (turtle traders and covels trend following) and finding it very interesting. Any input welcome
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Re: Trend Following

I would suggest daily and backed up by longer time frames such as weekly and this has worked well for me.


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Re: Trend Following

cube101 started this thread cheers for the reply, found a good thread a few pages back "Trend is not my friend. Please help" some good links with in an odd thread! so will have a good read through.
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