I see you mention it a bit already but wondering if you agree with trading on value of stocks. Not really in a sense that low prices create value. If it was so, we would see huge buying on stocks that went down from their sky high prices to under 10. In fact, we saw just the opposite. Let me talk about the general market, not particular stocks.
Trends go in cycles they are followed by reversals or by trading in a range.
The key to successful trading is to identify the trend or range and act accordingly. Thank you for this question, as it allowed me to go into deeper details on this extremely important topic. Obviously this is clearly not the case. All rights reserved.