I'm fairly curious how you all trade.
There seems to be 2 camps when it comes to trend traders..
Camp 1) When you see a trend, jump in with both feet until the trend stops.
Camp 2) When you see a trend, wait for it to wobble a little bit, (retrace) and then when it's flipped around in the direction of the trend, THEN jump in with both feet.
I'd love to hear from you all about which camp you are in, and the reasons why. I'd love to hear the pros and cons..
There seems to be 2 camps when it comes to trend traders..
Camp 1) When you see a trend, jump in with both feet until the trend stops.
Camp 2) When you see a trend, wait for it to wobble a little bit, (retrace) and then when it's flipped around in the direction of the trend, THEN jump in with both feet.
I'd love to hear from you all about which camp you are in, and the reasons why. I'd love to hear the pros and cons..
google: