6. They use trailing stop losses to let a winning trade run for as long as possible.
7. They use stop losses after entries to keep their losing trades small.
8. They do not try to buy the bottom or sell the top they just try to capture a larger part of a trend.
9. They do not try to predict what will happen they trade based on what is happening.
10. The key to a trend traders profitability is the asymmetric nature of their trading. Their downside is managed through position size and tight stop losses but their upside profits are left open during a trend until they have a good reason to exit a trade.
#TradeNotes#
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