I get a ton of emails every day from losing traders from all around the world. All asking the wrong questions. The reason they have not had their lightbulb moment yet and discovered how to make trading work for them is because they are asking the wrong questions. They are focused on the wrong stuff. This week I discuss what those wrong questions are, and explain what are the right questions they should be asking. After coaching over 1000 people I know first hand that asking the right questions and finding the answers always lead to better results.
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.