Do you keep searching for winning systems only to find duds? Do you find a dead end at every turn? Are you feeling frustrated and exhausted about your trading? If so, you feel the same way the 90% of traders who are losing money feel out there. So what do the 10% do that’s different? Why do the 10 percent win? Well, it’s not in the systems, or the indicators they use. This week we talk about the key difference between those who win and those who lose, and ask, do you have what it takes to fix it in your own trading?
The Trading the Trend podcast was created by active trader Chris Chillingworth to share insight, ideas, tips and experience on how to improve as a trend following trader. Self described as a british bearded trend follower who likes rock music, wine and formula one racing.
Trend Following is a strategy that does not make predictions on the stockmarket, but instead looks at reacting to what the price of a market is actually doing. There is no attempt to be right, on the contrary, Trend Followers expect to be wrong most of the time. They focus on killing losses quickly and letting winners run to ensure profitability.
Trend following does not utilise fundamental data to form opinions on what the markets are about to do. It is all about finding a system that works and focusing your energies on executing it accurately.