1. It is advantageous to follow the trend in stock market as one is not affected by following factors which can otherwisw give sleepless nights to people not following the trend.
(a) One will not be perturbed if a quarter results of a company is not good.
(b) One will not be pouring over the charts to study EPS, PE, RONW and other ratios.
(c) People who follow trend are immune to short term fluctuations caused due to intra-day fluctuations,volatility, elections, govt at centre, budgets, GDP, FII inflows, crude oil prices, interest rates and inflation etc as a trend followers believe in their strategy.
(d) Trend following people opinion is not affected by TV analysts views or business papers or so called pink papers.
2. Thus as a long term investor one can just have feel of pulse of the prevailing trend and same is also applicable for short term traders who have to be in sync with prevailing trend in short term duration.
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(a) One will not be perturbed if a quarter results of a company is not good.
(b) One will not be pouring over the charts to study EPS, PE, RONW and other ratios.
(c) People who follow trend are immune to short term fluctuations caused due to intra-day fluctuations,volatility, elections, govt at centre, budgets, GDP, FII inflows, crude oil prices, interest rates and inflation etc as a trend followers believe in their strategy.
(d) Trend following people opinion is not affected by TV analysts views or business papers or so called pink papers.
2. Thus as a long term investor one can just have feel of pulse of the prevailing trend and same is also applicable for short term traders who have to be in sync with prevailing trend in short term duration.
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