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“So the biggest challenge here would be how to define entry and exit points through time…”

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Hello, Michael.

Thanks for the video.

I’ve just only started to dive into Trading and haven’t got any certain approach so far. But I tend to think that trend following is going to be a winning strategy for me because I can understand how it would work. So the biggest challenge here would be how to define entry and exit points through time?

I see it more than timing. A lot more. 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.

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