- Many traders and investors fail in assuming that one trading system and one investment approach is sufficient.
- One should have at least three systems/approaches for the different market conditions of prices trading up, sideways, and down.
- Currently, as silver is trading sideways for quite some time, identifying range extremes is a very helpful strategy.
- We expect a breakout from the current sideways consolidation to the upside.
- The benefit of a systematic trading approach is keeping emotions in check in a counterintuitive environment.
For further details see:
Silver Chartbook: One System Isn't Enough