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.
Previously, in my old article, I have stated that the stock market trading is all about the trends. And recently, in Stock Market’s Cycles article, I mentioned how important the stock market (as well as economy) cycles are. So, in here, we have two the most important things to be known as stocks trader (as well as stocks investor) which are Stock Market Trend and Stock Market Cycle.