TRADING STRATEGY FOR NASDAQ
How to determine the direction of the trend
The most difficult aspect of trading is determining where the market is headed. There are numerous ways to SDENTSFY the market's segmentation, therefore I won't go into much into here. The term "trend" simply refers to the direction in which the market is moving. A DOWNTREND OR AN UPTREND, PLEASE This is the most difficult part of trading.
However, I'll do my best to simplify things for you. There are many ways to predict market trends. I typically use advanced probability techniques. However, if you read this book, I'll explain the advanced probability techniques so it will be simpler for you.
IF THE DEALER (MARKET MAKER) CAN'T GET YOU INTO THE MARKET, YOU ARE OF NO VALUE TO THEM!
The market maker will either show the "retail traders" some profit once the majority of them have identified the pattern that is displayed on the chart (to persuade them to use higher risk, more leverage, and to overtrade), or, once you, the retail trader, are in over your head in trades with risk at maximum, the dealer SHIFTS the market completely against you and hits your stop loss before you have time to react.
HAS THIS EVER HAPPENED TO YOU? DID YOU BELIEVE THAT YOUR TRADE WAS PERFECT? NOTHING COULD GO WRONG, THE IDEAL TRADE SETUP WAS IN PLACE, A GREAT ENTRY, WE THOUGHT. A FEW MORE POSITIONS ARE ADDED AFTER YOUR FIRST POSITION IS IN PROFIT. THEN QUICKLY THE MARKET SWINGS IN THE CONTRARY DIRECTION LEAVING YOU TERRIFIED AND BLOWING ACCOUNT AFTER ACCOUNT?
Retail traders, you know, are remarkably predictable; they view this 5.5 trillion dollar market as some sort of mystical "giving tree" that will make them rich quickly.
STAY AND KEEP ONE STEP AHEAD OF THEM!!!
Product details
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ASIN : B0BPVZ27K3
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Publisher : Independently published (December 9, 2022)
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Language : English
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Ebook : 38 pages
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ISBN-13 : 979-8367719499
Digital Delivery : Shared Through Google Drive/Mega
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NASDAQ And US30 Ultimate Day Trading Strategy by James J. King
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