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Strategies & Market Trends : The Art of Investing

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sixty2nds

To: y2kate who wrote (8509)	4/20/2024 2:27:10 PM
From: Sun Tzu	1 Recommendation Read Replies (1) of 10701

Cycles are measured in years not weeks. Any strategy with a less than 5 months holding period cuts into pros turf. So you may want to reread the section about choosing your competitors carefully. The easiest way to see cycles is to look at the monthly charts. SOX tends to have a 28 months cycle, but sometimes it skips a beat due to external factors. Regardless, your starting point should be the monthly charts. Then align those charts with the economic fundamentals of the industry. Trading in any time frame is a zero sum game and requires leg work. So the key is choosing your competition carefully. If your trading strategy for day trading is Bollinger bands, then why should you be winning that deal and professional day traders with years of experience be losing in it? Always remember that all the TA information, be it stochastic, MACD, Bollinger Bands, etc is publicly available. Other traders can see the same chart as you do. None of them are a competitive advantage.

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