All You Need Is Chasing Momentum
All You Need Is Chasing Momentum
In many people’s minds, “chasing highs and cutting losses” carries a negative connotation—irrational, emotional, and destined to be exploited by the market. But if you look at it from another angle, it is actually a very simple, almost fundamental principle:
Follow the trend.
Once you strip “chasing highs and cutting losses” away from short-term speculation, it becomes a powerful lens for understanding how success works in the real world.