You can follow the trend or be a contrarian and go against the trend.

A market can either go up (the price of stocks increase) or go down (prices of stocks decrease). The best way to make a profit is to follow the trend and on the long run you will make money when you use proper money management methods.

You have more than 50% chance that you are right when you follow the trend, the trend is your friend so stick with it.

Only 20% to 30% of the time stocks are trending so only look for trending stocks.

Please look at the picture at the right and tell me what the trend is? It goes a bit up and down and so on, but clearly the trend is up.

When you want to see the trend visually, you can take a look at MarketClub, I’ve put a banner under this article, so if you want to check it out, they have a 30 day risk free trial.

To follow the trend or not?

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