Are you a trend follower ? if yes then this post is for you
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Are you a trend follower ? if yes then this post is for you
as a trend follower traders buy and sell & trade every movements of index or stock particular to get maximum benefit of the every twist and turns of that particular security.
like me you may have also face situation where trend following has extremely favourable time and extremely whipsaw phase
in times of whipsaw phas trade loose two important thing
A-> Capital
B-> Mental fitnessand due to both trader stop following strategy and step into finding another holy grail strategy and keep doing it
The real problem is not in the strategy it has the characteristics of generating super return and whipsaw phase the real problem is to find out the most beneficial period where the strategy has high chance of generating return
A->Fast
B->Easy
C-ConsistanceNo security has constant trending move ever so as a trend follower one need to findout the
TRENDING Moves where fast-easy-consitance move comes
see attcahed image where i have marked T which is the phase where security has TRENDING move at that time run trendfollwing strategy to get benefit and where there no T this is the phase where stop taking trades
Hope you love reading the article
Thanks and Regards
Nishshkumar Jaani
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Good One Nishh. Once you practice the system over a longer period of time, you get used to these phases. Easier said than done but once it is in the behavior, trading becomes easy.
