The number one job of a trader in the stock market is to recognize the opportunities that the stock market provides and then apply the appropriate trading strategy. In our second ebook, we focused in our defining your trading edge in order to accomplish a rules based trading plan to overcome the emotional pitfalls of trading. In this book, we look at the importance of understanding the context of the market in order to remain focused and disciplined in the execution of our trading plan.In this ebook you will learn about optimum times to look for trades and how to avoid the low volatility lulls. We also discuss the importance of being aware of market moving news that will be released each trading session towards the context of entering or exiting trading positions. We'll share where to find the daily economic releases and which releases have the highest impact on the stock market. We also discuss that it is not important to us as traders whether the news is good or bad. It is, however, important for traders to be able to react to what the market displays in reaction to the news.Knowing when to get in and out of the stock market can greatly impact whether you are profitable for the day or losing money on a consistent basis.
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