The Aussie market has continued consolidating and has been stuck in a trading range for almost three months now. Overall the market is still healthy, but it will be interesting to see what pans out after the considerable drop in the US market overnight.
Let me give you an update on some of my trades and the best way I can show you is through the charts. Scroll down, watch the video and find out.
If you have recently subscribed to my website, or for some reason you did not receive my last newsletter email, you can view the previous newsletters from this web link: http://smarttrading.com.au/news/
| Market Video Update |
My latest market update video below features the current movements in our markets and an update on a few trades I previously shared with you from my weekly and daily trading systems. So, hit the play button below, watch and enjoy.
If you have any difficulties playing the video from this web page you can watch it directly on YouTube from this web link: https://youtu.be/QfXI4fWDUC4
I’ve mentioned in my market video update that I trade the markets predominantly with two systems. My long-term weekly system buys and holds healthy shares anywhere from a few months to a few years. I will cut the shares that do not stay healthy and keep the losses small and the ones that remain healthy for the longer term I will continue to add to and build positions in to maximise on their growth and create those bigger wins in the market. My medium-term daily system has a shorter hold time and focuses on swing trading and holding CFDs from a few days to a few weeks.
So if you are in need of a mentor and you want to get inside my head to understand how I think as a trader and to know more about my trading systems, the various trading tools I use, my money management strategies, trading routine, market exposure guidelines and more, then check out my Ultimate Smart Trading Trading Mentor Course.
| Finally |
The markets can be both frustrating and gratifying. It will create some emotional highs and lows and it will be your greatest teacher in learning about yourself. Ensure you continue to learn and improve your trading skills in the market as you evolve as a trader.
Cheerio for now
Justine Pollard
Author, Private Trader & Trading Mentor
‘Discover the Smarter way to trade’
www.smarttrading.com.au
justine@smarttrading.com.au
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