Home > Market Set Up > The bull market trading environment is here$

The bull market trading environment is here$

Massive morning sell offs preceded by stocks getting pounded after the close the day before. Selling created by earnings reports. The next morning we get follow throught to the downside and then rally for the next three hours after we test test lows once and never push through.

As of today the NASDAQ has finished positive 14 days in a row. We are WAAAAY over due for a pull back but what is interesting to note here is buyers are stepping in intra day and short sellers are nowhere to be found.

When your trade scenarios are “just a matter of where to get long” you should not be adding to short positions no matter how great the intra day momentum.

Over all market environment must factor into how agressive to be with leverage and profit expectations. This is a huge part of learning how to make money

Advertisements
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: