- 8 months ago
Louise Bedford has traded both daily and weekly trading systems. Which one is the best for you? Jonathon Barrett gives a global markets update and Niv Dagan talks all things trading.
The US economy is starting to slow down, and with a hawkish statement by The Fed on interest rates, there could be a recipe for profit-taking.
Oil has come under pressure as Nigeria and Libya continue to produce, Opec cuts don’t seem to be working and the US continues with its own reserves.
Want to hear the list of reasons why weekly share trading systems out perform daily?
Louise shares some of her 30 years experience in the markets in 5 minutes on why daily systems are sub par to weekly:
In a daily system you wont be able to catch long-term trends and pyramid into a position
There are more transaction costs
Daily charts are noisy and it is harder to see the overall trend
You tend to overtrade and suffer burn out in daily and intra-day trading
Weekly systems have b