[Question] Can we still make money with trend-following buying dips and selling on pullbacks? It isn’t obsolete, right? [Answer]
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Just buying on the uptrend and selling on the pullback is profitable!
【Questioner】
Can I still make money with trend pullbacks and pullbacks holidays?
Is it not obsolete yet?
【Answer】
Follower-type in a trending market
will not become obsolete in the first place
The reason is
most traders are after counter-trend plays
So in reality a clear trend eventually appears
and it is a follow-up to that
Even if you lose in the short term
in the long term you can often increase your gains
So there is no worry about it becoming obsolete
and you can still make solid profits now
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