Can anyone detail for me their trading strategy?
Anyone want to offer up how they go about trading? What are the key indicators you look for? What factors are a make/break deal for whether you trade a stock or not?
Public Comments
- Buy low. Sell high. The problem is that what looks high or low today may not seem so tomorrow. Seriously, there are only two ways to go about investing in stocks: one is to do deep research on the stock, and its sector, that you are interested in, and also try to keep your fingers on the pulse of traders who may or may not be as informed as you. A bearish sentiment towards a good stock will automatically and irrationally make it a bad stock. And vice versa. The other way is to treat the market as a casino and go with your hunches regardless of information.
- Hi Brian, When we talk about TRADING, I usually take it as future & option trading. It is always better to buy & sell stock options instead of buying and selling direct stocks. The reason is very high hold time to earn good amount (in %) of profit. e.g. you may need to hold a stock for 2-3 years or more to get its value doubled (for you to earn 100% profit). So I refer direct stock trading as an INVESTMENT rather than trading. Wherein option trading will earn 100% profit just by merely 5-6% movement of the under laying stock. Another good thing in options is you can earn profits in both up & down trends by buying calls & puts respectively. There are various technical indicators available to find out current & future trends of stock price movements. Stochastic, MACD, RSI, CCI are most commonly used indicators among over 100 indicators available. No any single indicator is capable of generating BUY & SELL signals. So it is recommended to use a combination of multiple indicators to take trading decisions. To do this the knowledge of Technical Analysis is required. There are some websites which do this analysis part of their own & provide buy & sell signals (paid or free). I suggest you to try the free option trading signals for Dow 30 stocks & the Dow index itself. Do the paper trading initially & follow them if found profitable. http://stockmarketexpert.googlepages.com/dowoptions Wish you a very profitable trades, Yash
- Obviously no Financial Analyst can provide you with an answer to that question. Just look at what happened to them and their clients during the past year. Doug T......The mutual fund guy
Powered by Yahoo! Answers