As an intraday trader, how do you determine trend?
https://www.quora.com/As-an-intraday-trader-how-do-you-determine-trend As an intraday trader, how do you determine trend? Sukhesh , Trading from the last 4 years Answered 1h ago Thanks for A2A. There is a popular saying in day trading. “ Trend is your friend ” As an intraday trader, finding the trend is very important. Without identifying the trend, trading becomes somewhat similar to gambling which I used to do during my initial stages of trading. So coming back to the question, we are now lucky enough to have so many indicators which does half of the work for us. But nothing beats price action which you can learn only from proper training and/or more and more observations. There is a misconception that chart reading is boring. But every candle tells you a story. Once you understand it, charts are never boring. Now a days, there are advanced charting tools which makes the chart reading more interesti...
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