Genuinely fed up with the handful of people complaining about the ESMA Rules that have come in. Truth is, it hasn’t affected me much and there are ways to adapt so that you can continue to trade in a similar way to what you were probably doing before. This week I explore this subject and talk about how to approach the new regulations and the little impact they have had on me and my clients.
The Trading the Trend podcast was created by active trader Chris Chillingworth to share insight, ideas, tips and experience on how to improve as a trend following trader. Self described as a british bearded trend follower who likes rock music, wine and formula one racing.
Trend Following is a strategy that does not make predictions on the stockmarket, but instead looks at reacting to what the price of a market is actually doing. There is no attempt to be right, on the contrary, Trend Followers expect to be wrong most of the time. They focus on killing losses quickly and letting winners run to ensure profitability.
Trend following does not utilise fundamental data to form opinions on what the markets are about to do. It is all about finding a system that works and focusing your energies on executing it accurately.