Can you make money by following the trend without putting in effort?
It must be acknowledged that to reach this level of success, timing, location, and harmony are all necessary. Even a genius aiming for Tsinghua University requires some practice; otherwise, their efficiency in solving problems will lag behind and be in vain.
Following the trend is certainly important, but it is not the deciding factor. Even in a trending market, short-term fluctuations can affect our emotions. As humans, we naturally experience fear or greed, so even if the trend direction is correct, we may waver due to temporary price corrections. Therefore, psychological training and control are also very important.
Additionally, following the trend does not mean there is no risk. If the position is too aggressive, it can lead to a margin call. Just because the trend is up does not mean you can catch the starting and ending points. Sometimes, by the time you realize the trend is established, the price may have already moved significantly. Not to mention if a false breakout occurs, leading you to think it's a continuation or reversal of the trend, and then it quickly reverses. If your position is large at that moment, it can be quite troublesome. Hence, regardless of whether you are in a trending or counter-trending market, risk management is extremely important.
The market is not static; even in a trend, there can be small pullbacks or black swan events, which are unpredictable. Therefore, we still need to complement our trading skills, risk management, and psychological control to truly succeed in trading.
Feel free to communicate and discuss any problems along the trading journey!