The markets seem like they are topsy turvy right now. With news emerging from Europe and China on a daily basis that changes investor sentiment more than most people change their bed sheets, what are traders to do? Well, calm down and trade using the tools you learned in your Professional Trader Course!
The first thing I must do when I am planning to trade is to identify the trend for the time frame I am trading. Let’s look at the market and see what the current trend is.
The above weekly chart of the S&P 500 shows that we have had lower highs and lower lows. This is the definition of a downtrend, not uptrend. The market itself is… Continue Reading
