Market Mastery Profit Plans Stock Trading Review Part 2 Of 5
Bill Poulos just released an amazing eye-opening free report on today's stock market. I got permission to reprint some of the material within the report (it is HUGE), and for the accompanying videos and the rest of the report, you can get it FREE.
"Traders from all around the world have been feeding me a steady diet of questions over the years, and they seem to be getting more and more concerned about what the future holds. Many people just like you are just trying to survive in today’s markets, and they don’t know what to do.
That’s what drove me to write this report. In it, I reveal 5 “profit plans” I believe every trader should immediately implement as the foundation for whatever trading method they decide to use. If more people traded in line with these plans, not only do I think more traders would be surviving today’s markets, I think they’d be prospering. What you are about to read is more valuable to you than what you will find in many trading courses that you’d have to pay for. This is a HUGE report. Take your time to read it all.
Good Trading,
Bill Poulos
p.s. Make sure you watch all the supporting videos that go with this report. I tell you how to access them later in the report."
Profit Plan #2: Trade Short-Term Trends
So what should today’s investor do as well as all you traders out there?
I believe the key to taking advantage of the foundational change that we are undergoing in the economies of the world is to:
1. Wait for a new trend to develop
2. Get on board AFTER the new trend becomes apparent
3. Stay on board as long as possible
4. Get off at the right time
5. Go on to the NEXT trend
I am talking about swing trading trends that occur in the equities markets over and over again with a relatively short duration from start to finish. I am talking about trends thatlast from weeks to months as opposed to years.
Identify the trend, get on board, ride it, and get off before the trend changes.
Now, of course, this is easier said than done, but before I discuss some simple but powerful techniques to identify trends, let’s look at some examples of what I am talking about.
[Several examples with charts follow]
And so I believe it is indeed possible to identify these short term trends, and again with a good trading method get on board at high-probability, low-risk entry points, ride that trend and then get off before it ends. This is how the buy and hold investor as well as current traders can take advantage of these volatile times - by swing trading these short term trends.
