Take Advantage Of The Herd Mentality–Here’s How
I was
a Specialist on the floor of the Pacific Stock Exchange from 1985 to
1994 were I made markets in 35 stocks for Donaldson, Lufkin, and Jenrette.
During my tenure on the floor I noticed that in times of great upheaval, when
fear and greed were at their highest, the market was actually presenting the
greatest potential for profits. When the herd mentality was running rampant, it
was signaling that a change in trend or rapid reversal was just around the
corner. For the remainder of my time on the floor, I made my living off of
picking, to the best of my ability, the precise moment in which prices returned
to their mean.
Here at the
TradingMarkets Swing Trading College we’ve quantified those
buy and sell points, exactly like I use to see on the floor, which specifically
take advantage of “rapid reversals†in market direction. Extensive institutional
type research was used in constructing/formulating all of our systems, of which
you will have 7 to choose from and apply to either indices or equities.
Below is a graph of the S&P
cash index with actual buy and exit signals transposed onto the chart:
Notice how most buy signals were generated directly after a severe sell-off when
panic had entered the marketplace. All my students learn the rules to this and
many other profitable systems in the 14-week Swing Trading College that I teach.
Good luck and good trading. Â
Steve Primo
P.S. Join me for an intense 14-week swing trading program in which I’ll cover
six statistically-backed systems.
Click here for the details.
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