Previously, we have learned the simple way how to make money in stocks by using trendline. Before move to our current hot topic (which is another way to utilize the trendline), first, let’s refresh our mind by summarizing what we have discussed in the previous article. As mentioned in previous article, we have learned how we can use the stock chart’s trendline to decide whether it is the best time to buy or to sell the stocks.
In previous article, we have learned how to draw the trendline for stock trading which is a useful tool to know the current stock market trend. As I have also mentioned, knowing the stock market trend is very essential for stock trader – especially for retailers – to gain optimum profit in their stock trading venture. In short, we can make money in stocks by using trendline based strategy. Indeed, this trading strategy is quiet simple which are “buy if the trend is up, sell if the trend is down, and stay away if the trend is nontrend (sideways).
As I have mentioned before, the stock market trend is everything in stock trading since the trend can tell us in which cycle the stock market currently. For your information, knowing the stock market cycles is a must if want to gain maximum profit from the market. I have discussed about three available stock market trend. However, I haven’t yet discussed in detail about how we can know the current stocks market trend exactly.
It is already Monday again — a new day of the week which is a perfect day to look into our stock trading plan. It is very important since the world-wide stock market is very volatile lately. We need to check whether it is the time to sell, buy, or hold the stocks. Indeed, it is the time to look into Stock Market Today report. As I have mentioned before, I am a trend trader who highly dependent on the world-wide stock market trend analysis which I share through Stock Market Today article. Yeah, we should know the world-wide stock market since these days, each stock market is globally connected.