The broad market is the single greatest factor to consistent profits because it effects every trade. You've probably heard that trading against the current trend of the market is the worst mistake any trader can make. Likewise, trading in harmony with the broad market trend is the best move a trader can make to gain a substantial edge, reduce risk and maximize profits.
The formula to consistent success, no matter what trade system you use, is a two step approach:
1) Determine the direction of the broad market trend and the strength of the market momentum.
2) Use solid trade systems to locate trades in harmony with the broad market trend direction and strength
This e-book helps you answer three critical trade decisions:
WHEN to trade
WHICH DIRECTION to trade in
HOW AGGRESSIVELY to trade |