Sector Day Trading Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Sector Day Trading

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TFF who wrote ()	7/15/1998 8:12:00 PM
From: Michael Turner	of 86

Dear Irby, I have just written a book titled DayTrading into the Millennium. One of the major focuses of the book is sector rotation trading. One of the strategies that I found most successful with regard to sector trading is what I call trading correlation coefficients...which is trading stocks that move with or against other stocks in the same sector. For instance, if a piece of news came out on DELL, which subsequently went up two points in a matter of a minute or two, I would place a trade on, say, CPQ which often has a strong positive correlation to DELL. I have found that trading correlated stocks that are not the subject of a news release is profitable and less risky...and also more predictable! Michael Turner Author DayTrading into the Millennium tradersresource.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next