Why I find it so hard to trade with trend?
- Thread starter luckyvictor
- Start date
- Watchers 22
Livermores Book 'How To Trade In Stocks' recommends building a position as prices more higher worth reading for trend trading advice.
To trade with trends you need to have patience to keep your eyes on movement of the pair. You must analyse the trend to enter and exit the trade at the right time.
To become a successful trader, instead of worrying about market conditions, it is better that you do a continued research of the market and build the strategy according to it, going against the market will never be favourable for anyone.
Trading with trends is always a difficult task for me also. But with time one gets better at it. I prefer to use technical indicators on charts, that help me alot.
I feel it is the lack of in-depth knowledge which makes it hard to trade with the trend. If proper analysis is done before making a strategy, then it will also be trouble-free to trade with the trend.
