Taking Every Trade When Trend Following
When we follow a well thought out trading plan when trend following, we can not pick and choose our trades. We must take every trade as we do not know the future. If we think we should pick and choose our trades this would mean that we know the future. As every rational person knows, this is not the case.
Watch this recent video regarding a SP 500 trade that preferably I would not have to have taken…however I did..and so far it is not working.
If I passed on the trade and it did not work, it would have presented me negative reinforcement for my trend following. Conversely if I did not take it and it worked to be a great trade, I would have caused myself anguish…
Simple solution…take every trade..and see what happens!
Trading futures and options involves substantial risk of loss no matter who is managing your money and is not suitable for all investors. Past performance is not indicative of future results
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