Business, Legal & Accounting Glossary
Trend Trading is a strategy that attempts to capture gains through the analysis of an asset’s momentum in a particular direction.
The trend trader enters into a long position when a stock is trending upward (successively higher highs). Conversely, a short position is taken when the stock is in a downtrend (successively lower highs).
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This glossary post was last updated: 22nd March, 2020 | 0 Views.