The best strategy for any market. — Just don’t look at the balance sheet. Here’s why…

Stock market lessons from a CPA

When I was trained as a stock broker in 1987, I was taught to pick stocks based on fundamentals. That didn't work:

In 2007 when the market first showed signs of a financial crisis, I was told to hold my breath and hold the positions. That didn't work either:

It wasn't until I learned active trading strategies that I began to really make money in the markets. These strategies are based on technical analysis, and not the fundamentals that led me to devastating decisions — particularly in 2009. Just the other day, I heard Alan Knuckman trash this type of financial statement analysis I'm talking about during a trading event. As a CPA, I couldn't agree more. Recently I've gotten to know Alan's style of trading after being introduced to him by my good friend and panelist on Ask The Pros, Guy Cohen. While Alan doesn't have the English accent (sorry, Alan), he trades with what seems to be 20/20 vision. Given that 2022 is making significant negative history in just a few short months, this documented consistency is important to me if I'm going to listen to the lessons. What's even better is that Alan said this strategy is amazing for long, short and sideways markets. And it's his favorite and his best in a bear market. That's really good news, because things aren't looking good for 2022 based on history:

Get the simple step-by-step process here. Sincerely, Celeste Lindman Ask The Pros

RISK DISCLAIMER There is a very high degree of risk involved in trading. Ask The Pros and all individuals affiliated with this site assume no responsibility for your trading results. The indicators, strategies, columns, and all other features are for educational purposes only and should not be construed as advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein.

Unsubscribe DTI Trader 1555 University Blvd S Mobile, Alabama 36609 United States (251) 652-1555