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🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March. Read full update
Pinpointing New Trends.
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Many traders believe there must be a precise way to determine when a trend starts. Identifying the exact trend starting point is their single unreachable objective. Its the same as picking a top or bottom. If you find yourself attempting to peg the precise beginning of a trend — get ready to start losing money.
What can you do? What do trend followers do? First, you must have a system that covers all system trading issues, including money management. A complete trend trading system will establish rules for entry, exit, how much to buy, and how much to sell. Regardless of the particular day, week, month, year, or current market condition, the rules are universal.
When trends begin, they often arise from a flat market that doesn’t appear to be trending in any direction.That’s when trend followers are establishing their positions based on their entry rules. There are usually minor signs early that signal trend followers’ entry into a market. These signs, coupled with money management, are the keys.
Daniel Reggio graduated with a degree in finance from the University of Miami and often lectures on
cryptocurrency and digital assets and trading strategies and finance. He can be frequently
found conducting webinars worldwide while advising government agencies and top banks
regarding the regulation of digital coins. He enjoys working closely with crypto traders who are
working hard to understand the ins and outs of the financial markets. With professional traders,
he’s able to shed light on their strategy in a way that maximizes profits.
What can you do? What do trend followers do? First, you must have a system that covers all system trading issues, including money management. A complete trend trading system will establish rules for entry, exit, how much to buy, and how much to sell. Regardless of the particular day, week, month, year, or current market condition, the rules are universal.
When trends begin, they often arise from a flat market that doesn’t appear to be trending in any direction.That’s when trend followers are establishing their positions based on their entry rules. There are usually minor signs early that signal trend followers’ entry into a market. These signs, coupled with money management, are the keys.
Daniel Reggio graduated with a degree in finance from the University of Miami and often lectures on
cryptocurrency and digital assets and trading strategies and finance. He can be frequently
found conducting webinars worldwide while advising government agencies and top banks
regarding the regulation of digital coins. He enjoys working closely with crypto traders who are
working hard to understand the ins and outs of the financial markets. With professional traders,
he’s able to shed light on their strategy in a way that maximizes profits.