Dow trend Your best friend

January 18, 2018

The Dow trends are smooth, whereas trends on other indices and currencies tend to be choppy.In a choppy trend, the price breaks out and retraces several times , often hitting stops. These choppy trends are uncomfortable and stress full for cash traders.Dow offers easier smooth trends, this is because it is constituted the biggest companies in the world.

The trend is your friend, until the end when it bends.The dow trend is your best friend when it trends.Historically the long trades are more profitable.

The trick to trading is patience – waiting for the right point in the in the trend or support areas before entering a trade. While there are many techniques used to analyse the momentum of an asset, one of the most popular is technical analysis and the use of charts.The charts are you map, and use it as a map, it is the trader who has to trade, it requires simple trading skills.

There are several strategies that can be used for trading the dow.These are

1)Support trades

2)buy the dip

3)Trend line breaks

4)trend retracement

5)trend lines

6)Trend trding

7)weekly ,monthly and daily options

8)Bullish Option spreads

Option trading has many advantages, it also reduces stress in trading.

Read this site to help you profit from trading, understand the risks involved in trading and risk management is the most important aspect of successful trading.Great traders are patient ,they manage risk.

The site is only intended to help traders.It provides more information about trading successfully.