Market Analysis
The Trading Post: Trying to catch the exact top and bottom of a market trend is a fool’s game
The key to successful Trend Following rests on the realisation that we can only grab a portion of the bullish move, writes markets analyst Ian Murphy
We can engage with the market in many ways but when retail investors decide to get actively involved, they are inevitably using some form of a Trend Following strategy whether they are aware of it or not. They are trying to ‘buy low and sell high’ or ‘cut losses and let winners run’, and both of these tactics are straight out of the Trend Following playbook.
Considering most of us are already Trend Following to ...
