Big broad market swings this year with sell-offs and rallies that are making people pull their hair out and scream. Well, only those who don’t understand position sizing, portfolio risk, and can’t read the charts with technical analysis.
I won’t lie this year has been a little slower with our portfolio simply because we focus on steady growth without riding the rollercoaster which has everyone stressed out.
The focus is on our BAN strategy which stands for “Best Asset Now”. We review 30+ markets, sectors, commodities, and currencies to find the best opportunity with the lowest level of risk.
Price swings and volatility are high this year, which means we pear back the number of trades we make, and reduce position size in order to protect both our subscribers trading and investing accounts, along with our own.
These wild and huge price swings are attracting new traders to the market like a mosquito to a bug zapper light, we take the opposite approach and step back to only cherry-pick a few low-risk traders here and there. When stock and commodities are moving 10-92% a day, it’s not the best time to be risking your capital as big damage can be done quickly to your trading and investing account overnight with the way this market moves.
Anyway, if you are looking for a simple, logical trading strategy with ETFs that is hitting new high watermarks for the year with less than a 3% drawdown on the year then watch this video of my most recent analysis and prediction.
Here are the other two videos showing the price predictions before they happened: https://www.thetechnicaltraders.com/three-cha...estor-must-see/
As a technical analyst and trader since 1997, I have been through a few bull/bear market cycles in stocks and commodities. I believe I have a good pulse on the market and timing key turning points for investing and short-term swing traders. 2020 is an incredible year for traders and investors. Don’t miss all the incredible trends and trade setups.
Subscribers of my target="_blank";Active ETF Swing Trading Newsletter had our trading accounts close at a new high watermark. We not only exited the equities market as it started to roll over in February, but we profited from the sell-off in a very controlled way with TLT bonds for a 20% gain. This week we closed out SPY ETF trade taking advantage of this bounce and entered a new trade with our account is at another all-time high value.
Ride my coattails as I navigate these financial markets and build wealth while others watch most of their retirement funds drop another 35-65% during the rest of this financial crisis going into late 2020 and early 2021.
Just think of this for a minute. While most of us have active trading accounts, what is even more important are our long-term investment and retirement accounts. Why? Because they are, in most cases, our largest store of wealth other than our homes, and if they are not protected during the next bear market, you could lose 25-50% or more of your net worth. The good news is we can preserve and even grow our long term capital when things get ugly like they are now and ill show you how. One of the best trades is one your financial advisor will never let you do because they do not make money from the trade/position but we do have a way for you or your advisor can take advantage of the market gyrations with our target="_blank";Technical Wealth Advisor investing signals.
If you have any type of retirement account and are looking for signals when to own equities, bonds, or cash, be sure to become a member of my Passive Long-Term ETF Investing Signals which we issued a new signal for subscribers.
