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-.
Dave Fry is founder and publisher of ETF Digest, contributor to MarketWatch and best selling author of Create Your Own ETF Hedge Fund, A DIY Strategy for Private Wealth Management published by Wiley Finance in 2008.
Successful ETF Swing Trader. Trading this "mean reversion" approach for the past 7 years. Posting my trades 60 minutes before the Close every day, with over 90% win rate. www.ETFSwingTrader.net
I'm a trader who avoids the noise, manages risk, using weekly bars. I offer no predictions, only serious long term trades. What else is there?
A careful examination of my list of losing and winning trades tells the complete story.
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
Trend follower, portfolio manager, market technician. Former sales trader to hedge funds/institutions, research analyst, prop trader, buy-side head of desk. Only took 25 years to find what works for me. Always learning.