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“My biggest challenge is knowing the actual trend on a daily or weekly chart to get into a trade long or short…”

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Hi Michael,

My biggest challenge is knowing the actual trend on a daily or weekly chart to get into a trade long or short. It is easy to look back on a chart and see uptrends and downtrends but I find it hard to identify a strong trend when it is actually happening. What is your main way of identifying the trend and if it is a strong long-lasting trend to enter a trade near the start?

Regards

Jason N

How can you identify a trend until it’s over?

The things you need:

  • Exact rules for selecting your tracking portfolio.
  • Exact rules for entering your trades at the right time.
  • Exact rules for exiting your trades with a loss.
  • Exact rules for exiting your trades with a profit.
  • Exact rules for how much money to bet on each trade.

See also my faqs.

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