Trend trading is designed to take advantage of uptrends, where the price tends to make new highs, or downtrends, where the price tends to make new lows. Trend traders enter into a long position when a stock is trending upward. An uptrend is characterized by higher swing lows and higher swing highs. Likewise, trend traders may opt to enter a short position when a stock is trending lower. A downtrend is characterized by lower swing lows and lower swing highs.
Disclaimer: Megapro provides data solely for educational or informational purposes. All investment strategies and investments involve the risk of loss. Nothing contained in this website should be construed as investment advice. Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. Any decisions or actions based on the information presented here are done at your own risk and discretion.