Forex Zone - Forex Forum

Trend is your friend, really? in Forex Education_67f83ac065b44

Trend is your friend, really?

Discussion started on Forex Education

  • Sr. Member
  • Posts: 378
  • Points: 13171
  • Likes Received: 13
  • Reputation: +0/-0
that's absolutely right, sometimes there are also traders who pay less attention to a trend even though the trend is the best friend who accompanies us when analyzing and also related to trading.
#376 - August 06, 2020, 04:18:46 PM

  • Sr. Member
  • Posts: 386
  • Points: 0
  • Likes Received: 62
  • Reputation: +1/-0
Trend is that friends are very true, the fact is that trading by following the trend is getting more profit than trading against difficult and dangerous trends.
#377 - August 07, 2020, 01:06:31 AM

  • Hero Member
  • Posts: 628
  • Points: 0
  • Likes Received: 59
  • Reputation: +1/-1
It is very important to be able to detect the current trend level and the condition of the big trend that is running. by following our trading trends more safely
#378 - August 10, 2020, 02:43:57 AM

Sponsored

Trend is your friend, really? in Forex Education_6803a6c52eb12
#379 - Today at 04:21:53 AM

  • Hero Member
  • Posts: 524
  • Points: 0
  • Likes Received: 65
  • Reputation: +2/-0
It is very important to be able to detect the current trend level and the condition of the big trend that is running. by following our trading trends more safely
Trading by following the trend is very safe, the main problem is only in the analysis of the trend, is it still good at the initial level of the trend.
we must know the level of the trend.
#379 - August 10, 2020, 03:59:58 AM

  • Hero Member
  • Posts: 628
  • Points: 0
  • Likes Received: 59
  • Reputation: +1/-1
Trading by following the trend is very safe, the main problem is only in the analysis of the trend, is it still good at the initial level of the trend.
we must know the level of the trend.
The levels of a trend have its size, the beginning, middle and end of the trend. Trends become friends if you can analyze them well, so that there are no errors in reading a trend.
#380 - August 10, 2020, 06:11:58 AM

  • Hero Member
  • Posts: 530
  • Points: 17
  • Likes Received: 21
  • Reputation: +10/-4
trend is not always friend, because theory is not as beautiful as practice, but indeed we also shouldn't close our eyes that even in trading we also have to follow the direction of the big trend,
#381 - April 25, 2021, 05:07:48 PM

  • Hero Member
  • Posts: 1214
  • Points: 938
  • Likes Received: 29
  • Reputation: +5/-5
Following the trend can indeed be the main key to success in the trading business, but also does not rule out the possibility of fighting trends can provide success anyway. Back to the graffish and ability to be supported in running a trading business, because both are equally good as long as traders know and ready with all the risks. Similarly, such as entrepreneurs or traders, which see the trend that is in great demand by the community, both in terms of goods or services, so they will use their capital to buy goods and prepare their business or business to benefit from the transaction by following The current market flow at that time. But there are also some who try to fight the trend, assuming when a item is incompeted, the price will decline, this is one of the concepts that exist in the "bidding and request law", by using the capital to spend the item and hoard it up to the time The item will be distributed due to requests, and prices at that time have already soared high compared to the price at the time of buying it. The same thing can be applied by traders in running a trading business but of course with their own understanding and abilities, both in terms of trading strategies, capital owned, and so on.
#382 - May 17, 2021, 03:19:26 AM

  • Hero Member
  • Posts: 1309
  • Points: 1095
  • Likes Received: 11
  • Reputation: +0/-7
Each trend consists of periods when the price moves in the direction of this trend and small periods where the price corrects and goes against the trend. Trend following strategy implies that a trader opens a position in the direction of the main trend. In other words, buy when the trend is up and sell when the trend is down. The best time to enter the market using this approach is when the correction ends and the main trend continues. Buying low and selling high is a trader's favorite mantra. Traders who oppose the trend do not wait for the correction to open positions. If the market is in an uptrend, they can sell when the price reverses from resistance and set a price target near support. Their motivation is that the price is too high, so it will definitely go down.
#383 - May 18, 2021, 02:27:53 AM

  • Hero Member
  • Posts: 634
  • Points: 440
  • Likes Received: 0
  • Reputation: +0/-6
indeed, to be able to trade safely and comfortably we must trade by following the direction of the trend, because that way we can minimize the risk and we can maximize the benefits once
#384 - May 25, 2021, 12:41:57 PM

  • Hero Member
  • Posts: 1161
  • Points: 2955
  • Likes Received: 148
  • Reputation: +6/-8
Trading by paying attention to the trend formed will make us more confident in the decisions we have taken, then when we experience floating minus we will still be able to calm down and relax it
#385 - May 26, 2021, 08:26:37 PM

Sponsored

#386 - Today at 04:21:53 AM

  • Hero Member
  • Posts: 3601
  • Points: 0
  • Likes Received: 54
  • Reputation: +5/-7
To be able to profit properly and become a reliable trader, we indeed have to follow the trends that occur in the pairs we are trading. By following the trend, the trader will be able to minimize losses and will increase the probability of profit. Compared to the counter trend strategy, it is clear that the trend-following strategy is much better because it is indeed following the ongoing trend. Actually, by following the trend we have got the key to success in our trading efforts, it just needs to be balanced with good money management, of course.
#386 - May 27, 2021, 02:26:39 AM

  • Hero Member
  • Posts: 1075
  • Points: 386
  • Likes Received: 8
  • Reputation: +0/-8
Trading by following the trend direction is in fact it will make us more comfortable and safe, because the risk is much smaller than if we trade in the opposite direction of the trend and the potential for profit is much greater too.
#387 - May 28, 2021, 01:47:27 AM

  • Hero Member
  • Posts: 632
  • Points: 560
  • Likes Received: 5
  • Reputation: +0/-6
Of course following the trend is a pretty effective way in finding profits in trading, what needs to be seen here is that we must be careful of reversal of trends or reversal trends. This is sometimes misinterpreted by traders so that it cannot be profit in time so before finally getting a profit uh the price is even turned and we get a loss because of this reversal.

But I also agree with the trend will usually be more fortunately than the loss. If we did follow the trend, we must be patient to wait longer time frames because it could be indeed the trend is bullic but fluctuating in the market is sideways, so we have to wait for the market to be back in a bullish trend to take profit from the market that is bullish These.
#388 - May 29, 2021, 09:20:36 AM

  • Hero Member
  • Posts: 518
  • Points: 400
  • Likes Received: 5
  • Reputation: +0/-4
Of course following trends is a fairly effective way of looking for profits in trading, what needs to be seen here is that we must be careful of trend reversals. This is what is sometimes misinterpreted by traders so that they cannot profit in time so that before finally getting a profit, the price turns around and we get a loss because of this reversal.

But I also agree that by joining the trend, there will usually be more benefits than losses. If we do follow the trend, we have to be patient to wait for a longer time frame because it could be that the trend is bulls but the fluctuations in the market are sideways, so we have to wait for the market to return to a bullish trend to be able to take profit from a bullish market. the.
#389 - May 31, 2021, 02:43:51 AM

  • Hero Member
  • Posts: 1214
  • Points: 938
  • Likes Received: 29
  • Reputation: +5/-5
Trading in the direction of the trend is indeed more profitable and the losses can be smaller than against the direction of the trend, therefore it is true that the trend is a good friend in trading
#390 - June 02, 2021, 01:24:10 AM

Members:

0 Members and 1 Guest are viewing this topic.