trendfollowing
nounUK /ˈtrɛndˌfɒləʊɪŋ/
US /ˈtrɛndˌfɑːloʊɪŋ/
A way of investing where you buy things that are going up and sell things that are going down.
Trendfollowing helped the trader ride the big rise in oil prices.
OTHER MEANINGS
2. The act of copying whatever is popular at the moment.
Her trendfollowing on social media means she buys every new gadget.
3. A style of trading that uses rules to follow price movements rather than predict them.
The fund uses trendfollowing to decide when to enter and exit markets.
4. Following the general direction of a market over time.
Trendfollowing works best when prices move steadily in one direction.