Do You know how many trends in trading does the market show?
Are you ready to find out the real secret?
We know the downtrend. We know the uptrend trend. But do you guys know about the sideways trend?
If you don't know the sideways trend, this is where all your money is going to go. So there are very three specific trends in trading, we've got the really cool downtrend, when the market is heading down, got the really great uptrend when everybody thinks that's where we should be going.
Then we have the sideways movement. What do we do with that? And that's the secret of keeping your money in the bank, because I'll tell you another secret, the sideways area, that's where the majority of the money the traders end up losing. And we don't want that. Right.
OK, so how do we discover trends?
Read the whole Beginners Guide to Understanding Trending Markets article here