Stock Trading Education - Trading Stocks Tactics: "Looking at the Big Picture


No one knows with any certainty the long-term direction or duration of the market. The longer the time frame, the less certain we can be. Even on a day-to-day basis, there is no certainty. We often look to certain patterns to reproduce themselves, but news events, earnings, company announcements, upgrades, and downgrades always make anticipating market moves a risky business.

So why do we study the pattern? What can be gained if all the study in the world still falls short of any kind of certainty? There are several reasons to keep an eye on the market direction, to use it as a guide in stock trading. "