Late Stage Tactics
There are three types of trends: up, down and sideways. It’s far easier to make money in either an up or down trend. There’s a number of reasons for that but it really boils down to being on the same side of the trade as Wall Street. To do so, we’ve got to be able to recognize where the asset we’re looking to trade is in its cycle. Once there, we need to manage our own expectations regarding shorter term price behavior.
