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Given the hundreds of indicators and trading strategies out there, how do you know which to choose? Do you want a strategy that allows you to trade several times a day? week? or year? Which fits your risk tolerance? Are you willing to take larger drawdowns in exchange for larger possible returns? Or are you more comfortable with a “Turtle” approach?
This one-hour session will show you how MetaStock’s PowerTools 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