Expose yourself to quality setups and you can make money in any market. Be early to locate relative strength, then exit when things get heated. Shorts are also okay. Find weak stocks and position yourself for continuation.
Pro. use technical analysis to look for stocks w/ short-term price momentum. Not interested in fundamental or intrinsic value of stocks, but rather in their trends and patterns.
*Note: In this Economy-.
Successful ETF Swing Trader. Trading this "mean reversion" approach for the past five years. Posting my trades 30 minutes before the Close every day, with over 90% win rate. www.ETFSwingTrader.net
J.C. Parets is the Founder & President of Eagle Bay Capital, LLC. and the Senior Editor of Allstarcharts.com. He Earned the Chartered Market Technician designation (CMT) and is a member of the Market Technicians Association.
Long-term-trader, who since 1989, avoids noise, manages risk, trades price trends, welcomes breakouts & follows mostly WEEKLY Charts, not crowds; Less commentary, no predictions, more trades.
Trade Ideas is a StockTwits Preferred Content Provider. @TradeIdeasQuant is an AI Engine that looks at the most interesting market events in real-time and reports actionable alerts that investors should be watching. Visit us at www.trade-ideas.com
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