Page 235 - ART® Study Manual html5 - flash

® “Home-Study Course” Study Manual Page 235

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ART® Is NOT A “Black Box” Trading System

Markets move in cycles, and each time frame (even in the same market)
can experience a different cycle as well. The primary cycles are
“Trending”, “Corrective”, and “Basing”. Different cycles warrant
different trading styles. This is why ART® is not a “Black Box” trading
system, you need to make adjustments to your ART® trading style and
adapt as the market changes. You need to adapt to changing market
cycles.

The key to being CONSISTENTLY profitable is to master your trading
skills in different market cycles. Markets can also experience volatility
changes. Certain market cycles are accompanied by changes in
volatility. A change in volatility can also be caused by traders on other
time frames dominating that market. This can cause unexplained
volatility on the time frame you are trading and may cause you to
experience losses.

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