Thursday, October 6, 2011

COUNTER TREND TRADE

For those who have the time and stomach for it, you might consider a counter trend trade on a pullback in the market.

For example...
The SPY breaking below yesterday's highs/support, you could enter an inverse ETF/Short and have a stop at today's highs without too much risk.

This is the reason I post this information. The original idea of the model portfolio was to trade information like this to show you that all of these updates can be used, unfortunately the MP has turned in to something else that I did not intend when creating it.

The point is to use the information and when it fits your trading style, make use of it.

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