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Following Trading Trends

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Uploaded by on Aug 11, 2009

http://www.tradinginanutshell.com/

In an environment where you will find no friends, trading trends may be the only thing that resembles a friend for you. Always follow trading trends! Never attempt to identify the bottom in the stock and time your entry using that approach, as you are likely to be run over as the stock continues on its way down.

There are often great forces at work and momentum when a stock is trending in either direction, especially down so don't try to fight it. Why buy something that is heading in the wrong direction and hope that one day soon it reverses, and starts to head back up past your entry level?

To learn more about following trading trends, visit: http://www.tradinginanutshell.com/

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Uploader Comments (djenyns)

  • Great Analysis

  • Cheers, be sure to check out the rest of the channel :)

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All Comments (4)

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  • Why do we need to ident a shot term trend btw.... it does no good what so ever ? U can not get on it and expect for it to continue ? Is all soooo relative

  • great video! thanks for the tutorial

    can you please do a video on where to set the stop loss as a trend is beginning

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