CHAPTER 6: FINDING AND FIXING WHAT IS WRONG
Increase odds of success and profitability by trading with the trend. See What Was the Market Behavior?
Did the trade direction (long in an up market, short in a down market) agree with the market direction? See What Was The Market Behavior?
Use a moving average to help determine the market trend. See What Was The Market Behavior?
Is overhead resistance nearby that might limit a move? See What Was The Market Behavior?
Compare the trend of stocks in the same industry or use an ETF/sector fund that represents the industry. See Was the Industry Trending?
Compare your industry ETF or sector fund with the general market and buy industries that are rising faster than the market (showing better relative strength). See Was the Industry Trending?
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