Pullback Stock Trading System – Rayner Teo : [PDF Download]

PDF Title:Pullback Stock Trading System
Author:Rayner Teo
Total Page:32 Pages
PDF Size:3.02 MB
PDF Link:Read and Download


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“Here’s the thing: The market doesn’t go up in one straight line. Instead, it goes up, then it retraces, and then it goes up again (otherwise known as an uptrend). Also, some markets have a greater tendency to mean revert than others like the stock market. Here’s why.

Stock market returns are mainly driven by the strength of an economy. If an economy does well, so will the stock market, and we can see, most countries are better off today than they were decades ago because of population growth, technology, the Internet, etc.

This explains why most stock markets are in a long-term uptrend. Not convinced? Then pull out the chart of the S&P 500 or any stock market index and you’ll realize it’s been going up higher since its inception.”

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