Follow the Trends with 50-Day Moving Average and Locate the Strong Trade Setups

We have been analyzing different forms of Moving Averages and their many benefits. The difference in time period is what makes plotting different types of Continue reading Follow the Trends with 50-Day Moving Average and Locate the Strong Trade Setups

Why Most Traders Like To Go Against The Trend?

It would be really good if there was a way to enter the market right when it started going up, and get out right when it reverses. Many novice traders think that they have to trade like that, otherwise they can not be called a trader. It is not their fault in most cases. They just don’t know they are wrong. This mistake is what they learn from some trading courses, videos, sites, and… . One day I attended a seminar. The instructor showed a slide like this, and explained that he could teach the students to buy/sell whenever the market went up and down: Continue reading Why Most Traders Like To Go Against The Trend?