Wall Street has been on a bullish run driven by the technology sector. This is quickly easing off giving way to uncertainty and a general lack of direction. The summer season is usually a low-volume phase. The high volatility will only add to an already sticky situation. A proactive strategy will empower you to take advantage of the market fluctuations and ensure a high performance from your portfolios.
One such successful strategy is called the “Lock and Walk” approach. With a little discipline, you are guaranteed to come out winning even in choppy markets. The plan involves keeping a close eye on support parameters and resistance levels of the target stock market index such as the NASDAQ-100. A movement of a few of percentage points may be all the luck you need.
Two exchange-traded funds are key here. The ProShares UltraShort QQQ QID exchange traded fund and the ProShares Ultra QQQ QLD. Establish the desired position and lock down the support parameters on the two indices. Sell the QLD when the support breaks. In like manner, sell the QID when the resistance breaks. You are radically taking advantage of price points by riding demand, breaking supply and minimizing risk.
Understanding the relevant index funds and monitoring their positions is essential. The premise is relatively simple. The execution and timing are where you need to pay attention. The trade is executed within a day enabling you to make juicy returns in a highly volatile market. Useful info on investing.com
Learn more, watch informative info on clips from youtube.com.
The professionals best handle trading at this level. Netpicks is an online trading strategy company with a focus on forex. The business was founded in 1996 and is based in Texas. Mark Soberman founded Netpicks. He is also serving as the current President. The company consists of real traders taking advantage of day trading and the advent of online trading. Check this link for added reading
Netpicks provides education on forex and futures trading. It offers futures trade signals, mentoring by live traders, automated trading systems, and trader training packages. It offers a subscription-based service that allows traders to learn about and successfully trade in global currencies. The learning systems are quick and intuitive. Netpicks prides itself in having highly competent and professional instructors and experienced trading coaches. Additional tips available here
For full details and info, visit their website at http://www.netpicksllc.com/