4 Top PowerRatings Stocks for Traders
When buyers and sellers in the market appear indecisive, having a sound discipline of buying pullbacks in strong stocks and selling bounces in weak stocks can go a long way to keep short-term traders on track.
Between the noise from the financial media, the phantoms of politics looming at the edges of every economic report or announcement, and the increased volatility of the stock market itself, it is easy to see how traders can get thrown off their game. When markets are rising day after day, most traders find it easy to fall into a rhythm or pattern of buying dips or breakouts. This is especially so when volatility is relatively low, making it easier for traders to “trade through” their mistakes.
Even when markets are moving downward, there is often a regularity that short-term traders can take advantage of. By waiting for stocks that have been falling day after day to bounce—