The chart is either in an uphill trend, a reinforcing (consolidating) position, or it is in a downward trend. For the scope of this article we are going to discard the consolidation phase and concentrate on the trends.
Many many people fall into the simple trap of thinking, add some affiliate links to my site, and over time I will surely get some sales. Why? What is the reason behind this way of thinking?
As copyright currency Intro a trader I am only interested in what the market does not why it exhibits certain tendencies. I realize that is a bit mog coin price of an obtuse answer, but it is one I have learned to live with comfortably. Of course, it is often discussed among traders and each day trader has his opinion, but to trade the markets it is not necessarily important why this phenomena occurs.
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~ Stagflation in the 70's was scarier than this recession. Stagflation was baffling for investors and economists when it first occurred in the 1970's. How could we be experiencing stifling inflation while we were also experiencing a prolonged recession? Theorists worried that recession coupled with inflation could only lead to one logical conclusion, a complete economic meltdown. At the time, there was no historical data to refute that conclusion. Of course, that didn't happen, but it sure created scary market and economic conditions for several years.
Check the solutions each brokerage offers as well. Many options brokerages offer a range of trading tools on their websites. This could be useful if you want to engage in other trades. Finally, make sure the asset price movement chart on your brokerage's website matches that of real-time stock charts. Reliable brokers provide accurate information, but it will still be safe to double-check.