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Trading With The Trend

Why you’re far better off going with the trend late in the trend cycle than fading a trend early?

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In this week’s #developyouredge episode, we look at crude oil – why I think this trend can continue and why I would not be in any hurry to step in front of it and start fading it.

Sometimes the obvious thing to do is the hardest because you feel like your late…so you fade it looking for the quick buck. The quick buck has cost me big bucks. I’d rather ride a trend late, than fade one early.

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Develop Your Edge is a weekly YouTube show hosted by 23-year futures veteran and CME member Anthony Crudele, an ex-pit trader and one of the first to trade the E-Mini S&P. Each week Anthony and his guests discuss what they are doing to Develop Their Edge in trading futures! Past performance is no guarantee of future results.  Derivatives trading is not suitable for all investors. 

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