To increase with trend-following, match the market's ambiguity to logic
The profit-taking and stop-loss parts are ambiguous and sustain each other
So there are markets where the profit-taking portion can be extended and markets where it cannot
To that extent, just follow the trend
Trend following is all about extending or not extending, depending on the market
FX or rather the market
To put it in an analogy, it's like an online casino roulette
After luring you with the psychology that you can win, it then changes the market
Most people fall for that
Just knowing the basis and reasons why you can rely on trend following alone is enough
When you say you take partial profits with a trend following approach
the profitability depends on the market
Sometimes the returns are modest, sometimes large
Sometimes smaller than losses, various things
Support/Resistance breakout trend following
Is the basic of trend following
If you rely on trend lines at the point where trend following works, you won’t make a profit
Because in a true trending market
That kind of market is one where such trend lines can be broken and trend-following succeeds
So, trading against such a market is basically trend following
If you’re not strongly inclined to trend following, you won’t make money with it
Trend following is simple, but unless you optimize it using patterns and spirals from past markets
you won’t end up with an optimized trend-following logic
Increasing with trend following is impossible
※For those who want to keep earning in FX, go here ↓
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