[Question] I feel like trend following can be easy to get wrong, is it still okay to use it? [Answer]
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A method to achieve overwhelming profits with trend FX as long as the trend continues!
【Questioner】
I feel like trend following can be easy to get wrong,
but is it okay to still use it?
Contrarian trading can clearly be done in reverse,
but trend following is done in markets that are not yet clear
and I hate feeling like I'm trading randomly
【Answer】
Trend following is inherently like that, so there’s no problem
No one can tell whether it’s a “trending market” or a “noisy market.”
That’s precisely why we follow the trend
So it’s not wrong at all
You can always enter with averaging down when doing contrarian trades, but
Trend following is entered with the market properly prepared
When it succeeds, profits are on a whole different level
Which side to take is up to you, but
If you want to leave with profits, trend following is more suitable for beginners
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