It’s not always about identifying whether our market is in a bull market or a bear market. It could be about identifying if we’re in a two-way market.
In this week’s #developyouredge episode, I’ll share why I believe we’re in two-way trade and why it’s important to identify if we’re in this kind of market.
We are coming out of a time where at the beginning of this year, the bears were in control, over the past several years, the bulls were in control. And when we transitioned from different environments, subconsciously it’s hard because you get a winning trade that’s going your way.
You think you should be holding it and you don’t. And what happens?
Don’t get caught up in always thinking, bull trend, or bear trend. That will really help you with your execution intraday or even multi-day, or even longer than multi-day position trading.
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Develop Your Edge is a weekly YouTube show hosted by 23-year futures veteran and CME member Anthony Crudele, an ex-pit trader and one of the first to trade the E-Mini S&P. Each week Anthony and his guests discuss what they are doing to Develop Their Edge in trading futures! Past performance is no guarantee of future results. Derivatives trading is not suitable for all investors.