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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-.
Visit www.Clueless8.com Disclaimer: TAOD = Trade at your Own Discretion. All Opinions Stated are Solely Mine & Not Affiliated with any Business/Financial Firm/Entity. No Financial Advice / Solicitation : TRADE AT YOUR OWN RISK
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 do one thing and I do it very well; precise Fibonacci entry levels. Co-developer of "One shot - One kill" method.
Contributor to See It Market.
Lover of the blues !
Stay humble or the market will humble you.