"A trend is your friend," is one of the handy sayings that have come out of the study of technical analysis. Some people try to identify trends by looking at averages. Given the understanding that the psychology of the markets actually moves the markets, we can acknowledge that psychology develops and ends the trends. Most investors, once invested in an uptrend, will stay there looking for any weakness in the ride up, which is the indicator needed to jump off and take the profit. The bottom line is that markets are made up of several different kinds of trends, and it is the recognition of these trends that will largely determine the success or failure of your long and short-term investing.
Purpose: Learn about market trends and how to identify them
Facilitator: Ken Wise (Guest Presenter - Touchstone Wealth Partners)
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