Читать книгу Psychological Analysis - Adam Sarhan - Страница 58

As previously mentioned, the intermediate term is where I find the most success. Meaningful trends in any major market tend to last, on the short side, a few months, and most last up to a few years. To identify these trends, a trader has to step back from the noise of the daily fluctuations of an asset price and instead focus on the weekly and/or monthly action. A trader working in the intermediate term will most likely miss the absolute low and high of a stock's move, but I find that it is virtually impossible for anyone to consistently capture the absolute low and high of any move. That's why I'm more interested in capturing the bulk of the move and profiting broadly from the larger trend, and not trying to pick the exact top or bottom (which almost no one can consistently do).