**Summary:**
In this video, the speaker discusses the importance of following market trends in trading. He emphasizes that during bull markets, most stocks increase in value, showcasing the significance of understanding and following trends to increase the chances of successful trades. The speaker highlights the benefits of trading with the trend, whether bullish or bearish, as it improves the odds of making successful trades. Additionally, he touches on contrarian trading, where individuals go against the trend, acknowledging the lower success rate but emphasizing the potential for significant profits when successful. The speaker uses Tesla as an example to illustrate how going against the bullish trend can yield substantial gains if the market turns. Overall, he stresses the importance of money management and advises following the trend as a safer and more reliable approach to trading.


**Detailed Article:**

The video centers on the fundamental principle of trading - "the trend is your friend." The speaker starts by underscoring how market dynamics work, especially in bull markets, where a rising tide lifts most stocks. He explains that following the trend, be it bullish or bearish, can significantly enhance the likelihood of successful trades. The speaker draws attention to the fact that in volatile markets, such as during a crash, most stocks follow the trend downwards, whereas during a bull market, the majority of stocks see an appreciation in value.

The discussion delves into the concept of contrarian trading, where individuals trade against the trend. While acknowledging that this approach can have a lower success rate, he highlights the potential for substantial gains when the contrarian traders' predictions are correct. The speaker uses Tesla as a prime example of a stock that has seen intense short interest due to perceived overvaluation, indicating the risks and potential rewards associated with contrarian trading.

Furthermore, the speaker emphasizes the importance of thorough money management principles, particularly when engaging in challenging practices like contrarian trading. He advises that while advanced financial strategies exist, sticking to the basics like following trends can often yield the best results. By tracking moving averages and recognizing opportunities to buy the dips in trending stocks, traders can enhance their chances of success.

In conclusion, the speaker encourages traders to understand and follow market trends as a reliable strategy for successful trading. By emphasizing the significance of staying in line with the trend, he provides a practical and grounded approach to navigating the complexities of trading. The video serves as a reminder that while innovation and advanced strategies are valuable, sometimes sticking to tried-and-true methods can lead to more consistent outcomes in the dynamic world of trading.

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It took me many years to realize it., actually it was my account told me to start trading with the trend or else.

Posted Using [LeoFinance](https://leofinance.io/@rollandthomas/qetn74)

It's worth noting that there are some people who just counter-trend and are very successful at it.  It comes down to finding a trading methodology that fits your personality.

Posted Using [LeoFinance](https://leofinance.io/@rollandthomas/qetn9g)

just recently started to do some trading, will watch this tomorrow :)