Everyone tells you when to buy but no one tells you when to sell, Vince Stanzione gives you some tips
I have now been investing and trading for 28 years, in that time I have seen plenty of trading systems, newsletters and gurus come and nearly all go. What I have always noticed is that:
a) They would tell you when to buy but would never tell you went to sell and get out. It’s often the case with tipping services or other media.
b) They would also want to you to buy and would never recommend short selling as if it is some great sin to make money from down moves.
So when I wrote Making Money From Financial Spread Trading I knew exactly what I wanted to offer, it had to have a clear buy and sell rule and the system had to be happy to go short (profit from down moves) as well as up. Today you can also use Inverse ETFs, which go up as the underlying go down.
Right now my system is short S&P500, DOW, FTSE100 and other markets are getting closer to a sell signal but what’s important that it will give a clear signal when to close this position and it will also give a new buy back signal which will allow us to profit from the next up move.
Now longer term I am optimistic about global stock markets but at the same time nothing wrong with making some money from falling prices as well.
Having a system and a plan to follow cuts out the emotions, as I have stated before its not what you or I “think should happen” it is what is really happening. Also my style of trading does not mean you have to be stuck to a screen all day and checking prices every few minutes, once a day is normally enough and you can get everything done normally within less than 10 minutes.
To learn more about how to profit from up and down moves in Financial Markets using Financial Spread Bets, CFDs, Share trading and Exchange Trading funds please visit http://www.winonmarkets.net