How To Be A Trader - Part 3
In this edition of our series "How To Be A Trader" I will show you a simple way to easily identify the direction of the market. We already talked about it in the previous article: Being able to determine the direction of the market is one of the most important skills of a trader, because it dictates the type you trading strategy you use. In a trending market, you want to use a trend-following strategy. And in a sideways market, you want to use a trend-fading strategy. For more information on this topic please read the previous article "How To Be A Trader - Part 2" How To Identify The…