TalkingTrading

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. Jonathon BarrettThe 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. Louise BedfordDo weekly trading systems outperform daily?Louise shares some of her 30 years experience in the markets.In a daily system you won't be able to catch long-term trends and pyramid into a position. However, for the experienced trader there are still gains to be had.There are more transaction costsUnless you develop your skills, daily charts are noisy and it is harder to see the overall trendIt's possible to overtrade. Niv Dagan – Peak Asset ManagementPeak Asset Management is a boutique investment firm based