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Michael: Thank you for your fantastic work. I own and have read all your books multiple times and am a dedicated listener of your podcast. I have been trend trading relatively successfully for over ten years but I struggle with one thing. Assuming that for whatever reason, I miss the initial trade entry signal and the move is now well underway, should I go ahead and enter or wait for the trend to reverse and go the other way? I would appreciate your thoughts. Thank you. Bill P.
Trend following doesn’t buy on the dip. If you have an entry signal you get in. What’s the downside? You have a stop.
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