Overall the Aussie market has continued its sideways trend, but there have been some strong moves happening in a selection of shares since the reporting season and I am enjoying the ride in a couple of these.
Hopefully the Aussie market will take the US lead and have a nice break out from its consolidation range soon. Only time will tell what will happen in the market.
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| Market Video Update |
Check out my latest market update video below and let me share with you a view of the charts to give you an update on some of my trades. 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/hwuNpFSTIS0
Do you want to get the inside info on my two core trading systems?
I trade the markets with a long term weekly system and a medium-term daily system. My long-term weekly trading 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 trading system has a shorter hold time and focuses on swing trading and holding CFDs from a few days to a few weeks.
You have an opportunity 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, other trading strategies I employ during different market trends and more through my Ultimate Smart Trading Trading Mentor Course.
| Finally |
The market’s movement could be as exciting as a roller-coaster ride or it could be as boring as a turtle’s pace. With what’s going on in the market right now its important to be patient. Patience can be one of the most difficult skills to learn in the market.
You have no control over the market and need to let the market do what it does and continue to learn from it and to stay true to your trading plan rules in the process and don’t let emotional trading decisions take over.
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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