$Rost From a Trend Following Perspective- Trend Breakout & Trend Retracement

In this educational example of Ross Stores - $ROST you can learn how to trend follow high momentum stocks. Ross Stores had been hitting new multi year highs. As well Ross Stores has been in the IBD 50. In this video you will see both trend breakout trade examples as well as retracement trade examples. Every stock, commodity, forex even when they are experiencing high momentum will have some type of retracement. The key components of successful trend following are:
1. To know what to focus on- ie. Be Tactical- Identify the strongest and identify the weakest in order to go long or short.
2. Full managing the risks from a trade level to a portfolio level.
3. Having the proper mindset as a successful trend follower. This means you do not pick and chose your trades. You follow your plan exactly. You know at every point what you need to be doing as well as not doing.

My goal is help traders like you learn to trade for a living.

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HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE PERFORMANCE : THE RISK OF LOSS IN TRADING FUTURES CONTRACTS, COMMODITY OPTIONS OR FOREXCAN BE SUBSTANTIAL, AND THEREFORE INVESTORS SHOULD UNDERSTAND THE RISKS INVOLVED IN TAKING LEVERAGED POSITIONS AND MUST ASSUME RESPONSIBILITY FOR THE RISKS ASSOCIATED WITH SUCH INVESTMENTS AND FOR THEIR RESULTS.� YOU SHOULD CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR CIRCUMSTANCES AND FINANCIAL RESOURCES.