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 continued carnage.
Joshua "MauiTrader" Hayes is CEO, president and founder of Big Wave Trading Inc., a Maui, Hawaii-based stock market advisory service. Hayes has been/is a contributor to Telechart as Sir Aloha, Realmoney.com, SeekingAlpha.com
I first started trend following 18 years ago. I wanted to know who was succeeding and what they were doing. My broker told me the most successful client of his company was a dentist who trend followed.