From The Big Picture:
When should traders be in or out of the market?
There are times when traders should NOT be in the market. There are other times when the market is rocking and traders should get aggressive. How can you tell the difference? Here are five helpful tips.
Note: I’m a trader, not an investor. I am looking for superior out-performance by being in the best stocks I can find during healthy times.
1) Accumulation and Distribution Days: When should traders go to cash? Follow the big boys! The big institutions control the market, so pay attention to their actions by tracking accumulation and distribution days. When institutional selling builds up over a short period of time (two-four weeks) AND leading stocks start to break down, that is a great sign to…