How a Top Down Trading Approach Improves Your Trading Consistency
Understanding how a top down trading strategy can help your trading business is a must know for new traders. In this episode, Brian Montes discusses the concept of a top-down trading strategy and how it can enhance your trading game. A top-down trading strategy involves analyzing the market from a macro perspective down to individual stocks. It starts with studying economic indicators and market trends, then moves on to sector and subsector analysis. Finally, it focuses on stock selection and technical analysis. The benefits of a top-down trading approach include a holistic view of the market landscape, better risk management, and adaptability to changing market conditions. Implementing a top-down trading strategy requires research, analysis, and alignment between different layers of analysis. In this episode you will learn - A top-down trading strategy involves analyzing the market from a macro perspective down to individual stocks. It starts with studying economic indicators and market trends, then moves on to sector and subsector analysis. The benefits of a top-down trading approach include a holistic view of the market landscape, better risk management, and adaptability to changing market conditions. Implementing a top-down trading strategy requires research, analysis, and alignment between different layers of analysis. Have a question? Email me at brian.montes@icloud.com Want to join our free FB community? -> https://www.facebook.com/groups/disciplinedtrader Ready for coaching and real live trade alerts? Check out the Disciplined Traders Academy -> https://disciplinedtradersacademy.podia.com/