Top 6 timing trading timing tips.
In trading timing is everything. And we are to know all about it if we want to succeed in the game in the first place. And here is why I am here today – to tell you all about successful timing of trading.
1. Look for the long-term effects.
2. Time new trends.
3. Time different segments of the market.
4. Long until there is no reason to do so.
5. Watch the calendar.
6. Buy at the support level.
1. Look for the long-term effects.
It is obvious that markets are moving in patterns. And that we are to look for the time patterns in trade for every asset. Bulls and bears are exchanging and we need to see the exact times when they are going to shift again.
For example, it is possible to spot the changes via looking at American presidents and their actions. That happened with Bush, Clinton and Obama – the markets changed their pace. And with Trump again. See a pattern there?
2. Time new trends.
About 25 percent of all time markets are going higher and lower than the actual trends. Other 75 percent the price is actually staying inside the trends. But what is the timing of that 25 percent shift? The information can be easily obtained from
watching and analyzing for example a monthly performance of the assets or a couple of currencies. In order to perfectly time all of the movement you are going to need a variety of trading patterns and trading tools at your disposal. You also need to remember a simple and old markets’ wisdom – the bigger is the move, the broader is the base.
3. Time different segments of the market.
Markets are all connected with each other. And we should know it like no one else. Those, who have been in the game long enough can easily spot all of the connections. And once one of the correlating graphs is showing a new trend, you can quickly adjust your movements in the other segments and other aspects of the markets. In case you are an expert in spotting new trends by looking at correlating graphs – good for you! now try and share this wisdom in the comments below!
4. Long until there is no reason to do so.
Buying and longing is an art. Short trading can seem a little bit easier as it is easier to predict the movements of the price in a short-run. Long-term investments are surely more difficult. And timing here can tell you only one thing – do not sell too early. Hold onto your asset as long as it is necessary.
Have you been burnt by a too early sale? Do not worry we all have been! And we all have learned this through our mistakes. That is why no shame in taking this advice from us – long as long as you feel necessary or at least as long as the graph is going to allow you.
5. Watch the calendar.
We have talked about it just several days ago. You need to watch the calendar of the events and holidays that are going to influence your trading. After all brokers are also people and they need their rest on occasions. Just like you. You also need to take breaks from trading every once on a while.
6. Buy at the support level.
How to time your purchase? Well, there are little things worse than to buy after getting emotional after the report on the bullish-bearish tendencies. You need to keep your head clear in order to spot the exact time for the buy.
There are actual stories of success of people timing their purchase just above support level. The best time to buy would be after the broken all-time high. Weird? Well, that works!
What timing tricks can you tell us?
