No man should receive a dollar unless that dollar has been fairly earned.
—Theodore Roosevelt (1858–1919)U.S. President
Strategy to Professional Status: Part IV—Phase 4
Aim: The final step is to understand that profits are higher when you time your trades. There are three forms of timing.
Three Steps to Timing
Determine Strength Of A Share
The easiest indicator to determine current strength is the Average Directional Index (ADX), which is easy to use, as it is an oscillator that fluctuates between 0 and 100.
• If the reading is less than 20, signals are that the trend is weak.
• If the reading is greater than 50, it ...