Trend trading (directorial trading; here

to follow a lengthened course): Trading on the stock exchange mainly with a view to the longer-term prospects of the underlying asset and less with regard to instantaneous circumstances (trading strategies intended to speculate on the direction of the underlying market, especially in contrast to volatility trading). – See milkmaid bull market, theme certificate, growth stock, growth stock.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
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