Stock Trend Prediction Trade Alert Software
Portfolio Prophet Free Video! How To Avoid The Next Major Market Crash. Plus, How to Add On Another Income Stream by Predicting The Brand New Emerging "Mini Trends"
Trend Following Trading Systems for Stock Traders, Futures Traders and Commodity Traders from Michael Covel
Trend trading is reactive by nature. It does not forecast or predict markets or price levels. Prediction is impossible! Trend trading demands self-discipline to follow precise rules (no guessing or wild emotions). It involves a risk management system that uses current market price, the equity level in your account and current market volatility. Trend traders use an initial risk rule that determines position size at the time of entry. This means you know exactly how much to buy or sell based on how much money you have. Changes in price may lead to a gradual reduction or increase of your initial trade. On the other hand, adverse price movements may lead to an exit for your entire trade. Historically, A trend trader's average profit per trade is significantly higher than the average loss per trade.
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