Trending market or trading market
In this video renowned trader and trading educator, Warren Peacock, identifies the differences between a trending market and a trading market. Trading a trending market, that moves higher or lower, requires a different approach than trading a trading market, that goes sideways within a range. Understanding the difference between a trending market and a trading market will ensure that you deploy the correct trading strategy for the market conditions.
Putting together a trading strategy for a trending market and another for a trading market will ensure that you have a framework in which to achieve a perfect trade, no matter what the market.
We discuss how to put your knowledge of a trending or a trading market into practice by showing you how to create a trading systems for each. Click on the links for a more in-depth look at the trending system and a trading system.
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