During trending phases, market participants can really boost their returns. Thus, analyzing trends effectively is one of the most important and relevant skills a trader can develop. That's what you'll learn from this unique book. You'll be shown how a trend begins and progresses through its life span offering traders myriad opportunities to generate profits. You'll learn how to monitor the strength of a trend in order to take full advantage of it while it lasts, and recognize signs that suggest when it may be coming to an end.
The primary reasons for learning how to analyze trends efficiently are threefold:
1. To generate profits by implementing strategies that take advantage of a trend.
2. To protect the initial capital invested, as well as the gains accrued during a trend.
3. To prepare to participate in a new trend in the opposite direction when a trend reversal occurs.
Understanding how trends evolve is very important because a large number of trading strategies are designed to capitalize on lucrative trending phases. By carefully reviewing this instruction, beginner to intermediate-level traders will gain the knowledge and understanding of market movement that will help them successfully implement various strategies they may be shown, or to develop their own unique strategies if they choose.