๐Ÿ“ˆ Trend Following โ€” Turtle Trader System

"The trend is your friend, until it ends." Trend followers don't try to predict tops/bottoms โ€” they follow established trends. Famous: Turtle Traders, Ed Seykota, Bill Dunn.

Philosophy

Cut losses short, let profits run. Win rate can be 30-40% but still profitable because winners are much bigger than losers.

Donchian Channel

Turtle Trader system: buy when price breaks 20-day high, sell when price breaks 10-day low. Simple but effective.

Moving Average Crossover

50/200 MA: buy when 50 crosses above 200 (golden cross), sell when crosses below (death cross). Long-term trend filter.

Risk per Trade

Position size = (1% capital) / (ATR ร— multiplier). Volatility-adjusted sizing.

Trader Psychology

Trend follower must endure "death by a thousand cuts" โ€” many small losing trades. Wait for big trade (3-6 months/year) to offset all.

๐Ÿš€ Test this on Vnstock

๐Ÿ”— Related Strategies

๐Ÿš€ Momentum Trading โ€” Buy High, Sell Higherโ›ฐ๏ธ Position Trading โ€” Hold Months to Years
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