Investors can take advantage of market opportunities and efficiently manage risk with the aid of a clearly defined trading strategy. It's crucial to take into account variables like investment orummy mars apkbjectives, risk tolerance, time horizon, and market conditions when creating a trading plan. Trend following is a popular trading technique that entails spotting and profiting from well-established market trends. In order to determine possible entry and exit points for trades, this strategy makes use of technical analysis tools like trend lines, momentum indicators, & moving averages.