Given the hundreds of indicators and trading strategies to choose from, how do we know which to choose? Do I want a strategy that allows me to trade several times a day? week? or year? Which fits my risk tolerance? Am I willing to take larger draw downs in exchange for larger possible returns? Or, am I a bit more comfortable with more of a “Turtle” approach as opposed to the “Hare”?
This one hour session will show you how MetaStock's Power Tools will help find the answers to your questions and reveal the best approaches that fit you. You'll discover:
Your 'comfort zone' for risk/reward
Different test results directing to the best method that works for your trading style
Tools to help you tweak your strategies and compare Stop and Max profit techniques
How to focus your technical analysis education around the methods that have worked historically on the stocks you want to trade
How to get automated alerts based on the system you select
How to scour the market quickly to find only those trades that meet your criteria