Trend following can be very profitable if you have the right approach and psychology to trade it. Trend following traders have a lot of patience and discipline to overcome temporary setbacks.
Trading the trend might mean that you have a good risk to reward ratio, but still, using a trend follower strategy is not for everybody.
Trend following in forex trading would require traders to understand fundamentals and sentiment really well because the forex markets would tend to trend for a long time as compared to stocks.
However, if you think you have what it takes to become a successful trend follower, then i encourage you to consider trend following because it requires less screen time than short term traders.
I hope that these trend following tips will help you in your trading.
Advice provided in this video is mere recommendation and I will not be responsible for any losses incurred from your investments or trading activities. Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.
Singapore youtuber profile:
Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.
This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.
It’s also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.
Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.
She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.
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