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A non-brainer to stay in a (strong) trend $TSLA $SPX $SPY | #markets #trendfollowing #trading #investing #heikinashi #robinhood #Tesla
December 6, 2020
- Choose the weekly timeframe
- Identify relevant lows for an uptrend, relevant highs for a downtrend
- Use them as stop-loss
- Follow the gains or cash in if below/above the lows/highs.
- Don’t short, unless you refuse to see the trend ($TSLA is one case) or you don’t make money in a trend.
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Tesla ($TSLA) weekly
- Self-explanatory.
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SP-500 ($SPX) weekly
- Self-explanatory.
- See the lower chart that reveals the noise that can highjack a good investment or trade.
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