The Trading Post: Trying to catch the exact top and bottom of a market trend is a fool’s game

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 71%

United States News News

United States United States Latest News,United States United States Headlines

The key to successful Trend Following rests on the realisation that we can only grab a portion of the bullish move, writes markets analyst Ian Murphy wayofthetrader

We can engage with the market in many ways but when retail investors decide to get actively involved, they are inevitably using some form of a Trend Following strategy whether

they are aware of it or not. They are trying to ‘buy low and sell high’ or ‘cut losses and let winners run’, and both of these tactics are straight out of the Trend Following playbook.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in US

United States United States Latest News, United States United States Headlines