variety of markets, to increase your odds of capturing trends. Would you buy it? Now its time to put these techniques into practice. To develop a Trend Following strategy, it needs to answer these 7 questions: Which time frame are you trading How much are you risking on each trade Which markets are you trading What are the conditions of your trading strategy Where will you enter Where.
At AT&T Careers, we know great things happen when talent What is the Best Time Frame to Trade?
The hardest part about Trend Following is riding your winners. These decisions are quite importantoften more important than trade timing. If you notice the price is forming higher lows, with resistance constantly breaking, chances are its an uptrend. This approach is widely adopted by smaller individual traders. I would advise risking no more than 1 per trade. Jesse Livermore, the most famous trader of all time, made 100 million in 1929. If a trade is entered, then have a stop loss of 3 ATR away from its peak reading.