March 25, 2017: New comments S&P500
Want to know more about "Capturing Profit with Technical Analysis"?
Twice semi-finalist "Favorite Article" in the S&C 2015 Readers' Choice Award. Thank You!
AXIOM business books awards, bronze medal for my book! Thank You!
Using technical analysis I believe there are two different approaches to look for buy and sell signals.
The first method is the method I use and explained in my book “Capturing Profit with Technical Analysis”. The method explained in the book, called “LOCKIT” uses all possible technical analysis techniques to come up with reliable buy and sell signals.
This is not the easiest method, because you need a very broad knowledge of all the basic techniques and the know how to apply them successfully.
A second method is to trail the price movement of a stock, buying and selling based on the fact that a short or medium term up or downtrend is broken, signaling a trend reversal. Here you have to find the most profitable balance between fast entering a trade avoiding as much as possible false entries and staying in as long as possible to let profits run. BBS uses this kind of method.
This is the video: