Larry Connors’ Teleconference Live at Noon Today
Join us at 12 noon PM Eastern today for the free weekly TradingMarkets Battle Plan for Stocks Teleconference.
Sitting in for TradingMarkets CEO and co-founder Larry Connors today will be TradingMarkets Senior Editor David Penn. David Penn spent seven years as senior contributor to Technical Analysis of Stocks & Commodities magazine previous to joining TradingMarkets and will bring his technical insights to today’s discussion of the current environment for stocks.
First, we will discuss the 2-period Relative Strength Index (RSI) and the modifications Larry Connors and his research team have made to create an indicator that is much more sensitive and effective for short term stock trading.
Second we will also look at the issue of risk management and discuss two ways that traders can limit their risk as short term traders without the use of stops. By careful and precise entry strategies and position sizing, we have found in our research that traders can make excellent short term trading gains in stocks without the hazard of being “stopped out” of an otherwise sound trade by a stray price move.
So be sure to join us today, Thursday at noon EST (9 am Pacific) for our Weekly Teleconference. We will break down the current market environment, and discuss what traders should be looking for as the markets test their 200-day moving averages and struggle to move higher.
That’s today, Thursday at noon live. Click here to reserve your spot now.