RE: Beginners Questions
(2018-08-10, 01:46 PM)diaz Wrote: Hi Isa,
Would it be a correct approach for short term market overview to take the P&F breakouts and see which sector/industry are having the most breakouts? I've done this for roughly one months lists and see that a few sectors/industries have more breakouts than others. I have just started to search on new investments after cashing out some previous positions. Thanks.
It sounds like a good strategy to me and is something I've thought about previously. Have just not got round to doing it, as never have enough time. But will definitely shouw you areas of strength, and then you can drill down and do further analysis on those sectors to see if any meet the requirements that you are looking for.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.