As expected ! If you want to earn money day trading you must get familiar with monthly market activity, while senior traders have experience going through the market year through year..
As time goes by you will get experience in market moves, price changes, quality projects, dumps, pumps everything you might need for future trades.
As I am writing this post, we are looking at profit taking and a bearish index.. At this time of month people usually get their life expenses paid and it's a time when we see a sudden price downfall..
As we can see most people are posting the same exact thing, ''It's always better to take your profits early than to take them too late'' ... Just think about that sentence for a couple of moments..
This may be a good time to enter a sell position, as we continue forward to the end of the month when expenses become highest for most people
I am currently in the green with a 19% ROI on a sale position although I may have entered a bit late but I still believe the correction will be much more drastic anyway.
Remember that this is not financial advice just my own thoughts and research formed into a quick reminder. Always remember to do your own research before making any type of investment.
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