April 24, 2019 at 9:27 PM #82426Nitin BhatiaKeymaster
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Why Technical Analysis Doesn’t Work is one of the biggest problems for retail investors. Alternatively, a strategy stops working or it is very difficult to decide which strategy works during which phase of the stock market. In this 5 part video series, we will discuss Why Technical Analysis Doesn’t Work? The answer lies in the following 4 stages of the stock market cycle
1. Accumulation Stage
2. Advancing or Run up Stage
3. Distribution Stage
4. Declining or Run Down Stage
For each stage of the market, there are specific defined strategies. For example, during accumulation and distribution stage, the stock market is range bound. Therefore, an investor or trader should use range trading strategies.
Similarly, when the market or stock is in advancing and declining stage/phase, it is in a trend. During this period, you can use trend trading strategies.
The example of range trading strategies is Bollinger band, channel or narrow range strategy.
The trend trading strategies include price action strategy or breakouts.
This approach can be used for all trading types i.e. Intraday, Swing, Positional, etc across time frames. Each and every stage of the stock market or stock is a trading/investment opportunity.
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