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 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
