Every asset is in a period of consolidation or trending. Market cycles apply to stocks, cryptocurrencies, futures, and any other market. Mastering market cycles will allow you to understand the big picture of any asset, and give you an edge over most traders who trade solely on emotion and hype. As momentum traders, we want …
Let’s talk about the phase we are currently in at the moment: The distribution phase. This phase is characterized by some periods of volatility, but primarily is a period of consolidation. Control of the market begins to shift from buyers to the sellers, as traders and institutions begin to take their profits from the run-up …
Read moreThe Distribution Phase: Mastering Market Cycles Day 3
Yesterday we talked about the accumulation phase, a period of consolidation in the markets. Today we are going to talk about a trending phase: The run-up phase. This is the best phase for new traders to make money if they learn and master the correct setups. Today we are going to talk about all of …
Stocks are either in a period of consolidation or trending. As short-term traders, we want to focus on the periods where stocks are trending in an obvious direction. We enter momentum stocks in trends and stay in them as long as they are moving in the direction of the trend. In this article, we will …
Read moreUnderstanding Market Cycles (Bulls Elite Series Day 4)