Trend Following & Swing Trade Example with Priceline
When you trend follow you need to have an exact plan. Knowing what to buy…or sell…how much..and when to exit with either a profit or a loss. In this educational example, Priceline pulled back to the 50 day Exponential moving average. You will note the down bars on the force index. Success or failure is not based on your entries…rather your position sizing and risk management. Watch this short video to learn some of the ways I approach the stock market from a trend following perspective.
Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts, commodity options or forex can 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.