When Bottom Picking Works: How to Pick a Bottom! 🙂

✅ Trade with our Sponsor Broker: Trade Nation http://www.financial-spread-betting.c... ✅ Check our website: http://www.financial-spread-betting.com/ ✅ Please like, subscribe & comment if you enjoyed - it helps a lot! How to Know if a Market May Have Bottomed http://www.financial-spread-betting.c... PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! When Bottom Picking might work! Trend Trading versus Bottom Picking. Bottom picking in a trading perspective is when a market is pushing to lows and we buy assuming that it is the bottom of that move. Some experienced traders will tell you never to do it, others (including Paul Tudor Jones) will argue that they are very good at picking tops and bottoms and make money from it. Let's look at some cases when it may be a good idea to try picking a bottom. What we want to avoid are chugging downtrends - very difficult to pick a bottom in such instances as there is a persisting supply/demand imbalance there. Trading lesson: How to pick a bottom Let's see how we could filter out such opportunities to increase our chances of success. When it might be an idea to try picking a bottom is when a market is starting to range trade even if this may happen in a downtrend so you will still need to have your risk management in place. Another way to do it is to look for extreme flushes and this is where the ATR indicator can come in handy. ✅ Our channel sponsor for this month are Trade Nation meaning these guys are covering our costs of operation. We only accept reputable and properly regulated providers as sponsors. Please support us by trading with this provider. Trade Nation offer the popular MT4 platform as well as an easy-to-use web trading platform with fixed spreads. Sign up with Trade Nation: http://www.financial-spread-betting.c... 📜 Disclaimer 📜 81.7% of retail investors lose money when trading CFDs and spread betting with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Related Videos How to Stop Trying to Predict Market Tops & Bottoms? 😤    • How to Stop Trying to Predict Market Tops ...   When Bottom Picking Works: How to Pick a Bottom! 🙂    • When Bottom Picking Works: How to Pick a B...   How to Stop Getting Slaughtered by V Tops and Bottoms 📈📉    • How to Stop Getting Slaughtered by V Tops ...   Where to Find High Risk/Reward Trades? 🙂    • Where to Find High Risk/Reward Trades? 🙂   Mean Reversion Trading Strategy Ideas 👍    • Mean Reversion Trading Strategy Ideas 👍   How to Use the Average True Range Indicator (ATR) 📈    • How to Use the Average True Range Indicato...   How to Use the Average True Range (ATR) To Set Stops 📈    • How to Use the Average True Range (ATR) To...   How to Use the Average True Range to Set Stops ☂️✋    • How to Use the Average True Range to Set S...   Using the ATR to Help You Stop Chasing Entries    • Using the ATR to Help You Stop Chasing Ent...   Day Trading: Intraday Stop Strategy using ATR ☂️✋    • Day Trading: Intraday Stop Strategy using ...   Stop Moving Your Stop Loss to Breakeven / Profit TOO Soon! What's the Solution? ☝    • Stop Moving Your Stop Loss to Breakeven / ...   Mean Reversion Trading Strategy Ideas 👍    • Mean Reversion Trading Strategy Ideas 👍   When Bottom Picking Works: How to Pick a Bottom! 🙂    • When Bottom Picking Works: How to Pick a B...   Different Ways to use the ATR Indicator 👍    • ATR Indicator Trading Strategies and Ideas 👍