Techni Trader – Methodology Essential Course
Original price was: $499.00.$29.99Current price is: $29.99.
Description
What is a Techni Trader Methodology Essential Course for Cheap?
To Position Trade a stock is held through mild retracements and periods of consolidation, until a predetermined exit price is reached. This exit price is selected based upon resistance that would cause the stock to retrace steeply or to move sideways for many months. Position traders usually have much higher points gained for each trade, but they are also holding the stock for several weeks to months. This is a slower paced style of trading that is not as demanding time wise as Swing Trading.
Position Trading is the ideal trading style for beginners because it is a forgiving style of trading. If you make a mistake on your entry, you can simply hold through the mild retracement. It is also ideal for low capital base traders who can’t afford to buy expensive stocks. Many great bargains can be found when stocks form bottoms, and the Position Trader can buy these stocks at very low prices and hold while the stocks climb. In this way, the beginner and the low capital base trader can increase their capital with lower risk.
Position Trading is also the best choice for people with very busy lives. Position Trading can be done with as little as one or two hours a week, because you are holding the stock for much longer periods of time. You don’t have to study charts each night and you enter only a few stocks each month. Short Term trading has become popular in recent years. Position trading can be highly lucrative, works in all kinds of market conditions, and it is an especially strong trading style during choppy sideways markets.
Position Trading is far less risk than Options. If you want to learn how to trade Options you need to know how to Position Trade, because Options are usually 90 day contracts. This means you need to be able to tell when a stock is about to move, how far it can move, and how long it will take to reach the target price. If you are a beginner we recommend that you start with Position Trading, and then once you are consistently successful you can start trading Options. Options are a do or die situation so while you are learning, it is wise to choose a style that will tolerate some mistakes without costing your life savings.