Trading Psychology: Why Trends Are Important

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Tipping the odds in your favour is part of the arsenal of any successful trader whether they chose to have positions in gold, oil, forex or indexes. Following the trend is one of the most popular strategies that help with this but many find it difficult to stay the course and they go for larger but harder to achieve profits.

In this video David Jones discusses why trends are important and how to make the most of them. All this while sticking to realistic profit targets and having in mind the odds of picking the exact point of a trend reversal.

At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are higher risk because of leverage.

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