[isatrader]

Hey,
I was just wondering what your standard procedure was, before you enter a trade, for example (check the overall market direction, if it is in a stage 2. Check the strongest sectors. If it was in stage 4 check the weakest sectors etc) if that makes sense?

Hi ChubbyHips2014, this is one the frequently asked questions, but I can't find the last post on it, so I'd recommend reading page 75 in the book again, which Weinstein refers to as his "Forest to the Trees" approach. As it lay outs the three step process of market, sector and then stocks that he recommends.