Pictopip

What is trend trading? Trend trading also known as trend following is a trading strategy which assumes that a security is likely to continue to move in the same direction as it is currently trending. The concept is based on predictability by analyzing the latest price fluctuations and historical trends, a trader can predict the future price patterns to try to capture gains through taking positions along a cycle of expected price movements. This strategy heavily relies on using technical analysis and its components, such as technical indicators and oscillators , chart patterns and trendlines to identify the direction of market momentum. Simply put, trend trading revolves around a trader making purchasing and selling decisions based on trends.  How does trend trading work? Trend trading is simply an approach in which a trader identifies that a trend is in place, enters the market in the direction of the trend and holds the position until the trend reverses. It is done by finding lo...

 If you have been living under a rock. Well you can still live under it, if not then you would know that the cryptomarket was bound to crash - and it did. Last week at the time of this blog update, the crypto market crashed and it was scary for many traders and investors. I found a video below that could explain much than I need to write.