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14 of 15 people found the following review helpful:
1.0 out of 5 stars
Misleading,
By A Customer
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This review is from: Sector Trading Strategies: Turning Steady Profits From Stubborn Markets [VHS] (VHS Tape)
From the jacket of this tape you would think it teaches you how to trade sectors. It really just describes the method. What is so weak is it just tells you to do the obvious. Buy the strong, sell the weak. Shows you how he groups stocks into sectors. Nothing magic. Compare the sectors and see which ones are stronger (in early trading) using relative strength. Trade the larger more liquid stocks. Make sure there is higher than normal volume. That's it. Doesn't mention how to enter and exit trades. The jacket says "Plus volume and trend trading techniques, 'riding' the institutional money flow ..." All the video says is go with the trend; and where there is heavy volume is where the institutional money's going. Some technique, he's just stating the obvious. This next one burns me. The jacket says "While it's a great method for long term investors - it's even more critical for active and short term traders." There is no long term trading here. In fact he states that his longer term trades are overnight, max 2-3 days because there is no follow through. This is all about day trading the sectors. The video should be called Inter-day Trading Sectors". If that's what you want, then it might be an o.k. video. But chances are you won't learn anything new unless you're a new trader. |
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Sector Trading Strategies: Turning Steady Profits From Stubborn Markets [VHS] by Kate Gilbert (VHS Tape - 2002)
$64.95
In Stock | ||