As a day trader, you constantly dream of being able to predict current trends in the stock market. Is the market going up or down? If you believe in the former, you usually need to hurry to buy into the major stock indices in the morning, and then lean back…
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Many traders use the expression ‘The trend is your friend’, and there is much truth in that. Beginners in trading dream of ‘catching the turns’, thereby reaping the full benefit of a trade by buying exactly at the low point and selling exactly at the maximum profit. But if you…
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