Trend Following VS Calling Turning Points# Stock
e*7
1 楼
In my opinion most of money you made on the market is through following the
trend instead of identifying exact turning point and buying at exact low or
selling exact high of the market. First it's very difficult to call the
turning point. Second it's more comfortable to place a trade when you see
clear trend even if you miss some profit opportunities. Taking an example of
energy sector, it's hard to tell when oil will hit the high or bottom but
if you long energy sector in the past couple of yea
trend instead of identifying exact turning point and buying at exact low or
selling exact high of the market. First it's very difficult to call the
turning point. Second it's more comfortable to place a trade when you see
clear trend even if you miss some profit opportunities. Taking an example of
energy sector, it's hard to tell when oil will hit the high or bottom but
if you long energy sector in the past couple of yea